OTCPK:INPCF - Post by User
Comment by
pienteron Jul 23, 2017 4:40pm
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RE:So who financed the purchase of shares then?
RE:So who financed the purchase of shares then?It makes a big difference to who and in what way these pieces were purchased, not Input Capital and thus no debts for INP on the balans sheet. Private holdings from Doug, Brad and Gord bought pieces / stakes with debt, financed by XLVO. A nice price, $ 1.8 CAN + some interest, and you probably come to the current rate. Good smart deal of mgmt.
The options would still be exercised regardless of the reason.
All my opinion;