Shareholders
| (g) Upon completion of all of the above referenced transactions and any others necessary to give full effect to the intent of the parties pursuant to the MOU (the "Closing"), the Lenders shall enter into full and final releases with the Company in respect of the total Indebtedness owing to the Lenders in exchange for the issuance of shares of Newco, such number of shares to be determined by the board of directors of Newco in relation to the proportionate amount of the total Indebtedness being settled by each Lender; and |
| |
| (h) Following Closing, the collateral agent will seek new partners and additional funding, through the issuance of additional equity of Newco, to ensure the long term viability of Newco. |
- Could it be that the ordinary shareholders of the Company (Medipattern) has shares of the new entity is "Newco"?
Is there anyone who can enlighten me on this?