AnswersEmpower is a minority owner of Pixon. That means less than 50% and more than 10%.
Any increase in Empower's ownership stake will be negotiated between the parties
There are no IOUs. Empower expects Pixon to pay for their purchases.
Empower is currently negotiating with other brokerage houses to attract new investors.
The stock price will move when it moves.Of course, Musikman if you purchased more you could lower your average cost and get closer to ending your "nightmare".
Even if I agreed with the $30 million being bandied about, it would amount to $250,000 per month over 10-11 years, not unreasonable for a tech company. Has the company made misteps? Certainly, but name either a firm or an individual that hasn't. I'm not suggesting that this site be used for cheer leading but I would suggest that thoughtful and informative posts, good or bad, are of more value than emotional outbursts.