OTCPK:INPCF - Post by User
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Bywrongon Jul 23, 2017 2:34pm
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So who financed the purchase of shares then?
So who financed the purchase of shares then?XLVO of $7,650,000, which amounts were financed by XLVO pursuant to loan agreements entered into with each of Emsley & Associates, the Farquhar Trust and Dalhousie.
The way I read, shares were sold and financed by the same Fund, XLVO
Whether mngmnt bought the sares as an entity or by themselves, matters very little.
They just exercised some options to pay down debt.
Very simple