RE: Tranzeo's credit facility increases to $6.5-miQuestions:
1. Who exactly would the lender or the “bank” providing this “caped” 3.5 Million Dollar credit facility just so happen to be; or could it be that you, in your own mind, did not believe such a “seemingly” insignificant fact to be in any way “important” enough to disclose on behalf of “all” shareholders?
2. Are the lender and/or provider of additional “purchasing leverage” in any way directly associated with the Business Development Bank of Canada?
3. Did CannO’Crap representatives have anything at all to do with arranging this 3.5 million dollar credit facility or the additional “purchasing leverage” which the “mentioned “letters of credit” allowed for the attainment of?
4. What percentage of the estimated 17 to 20 million dollars worth of received Intellectual Properties had been in any way “encumbered” in order to (a) allow for the very existence of such “letters of credit” and (b) have the representatives operating on behalf of the “lender” in question or “bank” in question take into specific consideration the corroborated, “confirmed” and thereby “accepted” overall estimated monetary value of such “letters of credit?”
Here are some very rough numbers for you to consider.
- $17 to $20 million dollars for Intellectual Properties
- At present and as pertains strictly to the very information contained within this news release, there would be a maximum confirmed access to secured credit facilities in the amount of 6.5 million dollars
Without taking into consideration the estimated or actual values associated with the Indonesian equipment development and supply contract and after only considering "press release specific" figures, one could arrive at a figure estimating a base case present valuation of 23.5 to $26.5 million dollars.
Again, one will have you note that such figures would entirely exclude any additional confirmed valuations associated with any equipment contracts actually existing within the proposed Indian communications sector pipeline, if you will, and any other able to be “valuated” additional equipment contracts and company assets.
One also notes that there are very roughly 50 million shares outstanding TZT shares and that there could perhaps be an additional 25% or roughly 12.5 million more shares issued in future; this due to the Aperto Networks purchase.
That’s a total of, very roughly, 62.5 million TZT shares, on a going forward basis.
At 23.5 million or 26.5 million dollars worth of estimated and confirmed values, this would be representative of a very rough “value” = ______ cents per share.
Once again, one stresses that such a calculation is intentionally not taking into consideration anything which would otherwise be “mentionable”, e.g. manufacturing facilities, equipment, present inventory, additional confirmed orders originating out of India, etc.
Again, have a good weekend
Be well and seek to prosper
Sherbet2