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Pounce Technologies Inc. V.POI.H

Pounce Technologies Inc has no active business and is currently looking at new business opportunities for a strategic acquisition and a simultaneous financing.


TSXV:POI.H - Post by User

Comment by NotFreddieon Nov 30, 2016 10:09am
101 Views
Post# 25533273

RE:The arrangement

RE:The arrangement
lscfa wrote: Is no different than Anzu injecting a large amount of cash into the co. for 82.5% of ownership and the co. carrying on with the business plan to be cash flow positive by end of 2017.....existing shareholders still participate in co. success to the tune of 7.5%......  I prefer this way because Anzu can manage the operations and keep Cam Chell the hell out of it...


82.5% + 7.5% = 90% ....Should we assume your math is correct...If so who owns the other 10%. 


lscfa wrote: Purchase  Consideration

The  consideration  payable  by  the  Purchaser  for  the  Purchased  Assets  (the  “Purchase  Price”), exclusive  of  all  applicable  sales  and  transfer  taxes,  shall  be  the  amount  of:  CDN$2,835,000  in cash;  the  issuance  of  7.5%  of  the  outstanding  shares  of  the  Purchaser (a subsidiary of Anzu Partners)
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.slc&postid=25529497#AcCiv5ZmEtFJHLw4.99


Besides, from your post above,  I'm under the understanding that Anzu would pay $2,835,000 cash plus 7.5% of Anzu's outstanding company shares.

Obviously the events of the of past few days have you all confused, and mudding the waters for those reading your posts.
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