Good deal?Hard to interpret the press release since there is so little information about valuation and revenue of the different companies involved in the merger. However, if SIP bring approximately 50 million in cash to the merger, then it sounds only fair that they get +90% of the shares. Before the halt Natcore was valued at approx 5 M CAD...
So it sounds to me like a good deal for Natcore! It sounds like Natcore get the other companies and technology for "free" since SIP add cash to the merger.
Tried to find information of the different companies but it is hard since there is very limited information on the internet.
Here is some links:
https://premier.pregnascan.eu/ Probably not included in the merger?
https://www.emed4all.com/ Describes some of the technology
https://careoneglobal.com/ Homepage coming soon....i hope.
Hope that they include
valuation of companies and
revenues in the next press release so it is easier to interpret if this is positive for Natcore.They must also become much more visible on the internet!
But so far it sounds good to me. Thoughts?