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Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.


GREY:SXHHF - Post by User

Post by mcgillstockson Nov 22, 2012 8:32am
200 Views
Post# 20630936

I will start this

I will start this

So if read correctly, they will be selling the company for 10 million????  Can someone explain what they are doing?

First, 19% goes to MADE Global Brands if they make some sales..blalalalala

Taiwan gets 100 million shares for maybe 10 million and 51% rights to Sonomax IP.  

What kind of stupid agreement is that and what happens to Sonomax after? Isn't this similar to the 3M stupidity.

 

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