Very bad deal....Valuation should be $ 500 million USD....PODA has:
the Company's exclusive, perpetual license of certain of those patents pursuant to an amended and restated royalties agreement dated April 12, 2019 (the "Royalties Agreement")
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This perpetual license belongs to Poda around the world.
Now do the math, MO has 20 million smokers, selling 80 billion sticks.
We have a LIFE PERPETUAL LICENSE at this moment.
Over 10 years, MO will sell 800 billion sticks, over 20 years it will be 1.6 trillion sticks.
If you give .10 cents per stick it means $ 80 billion over 10 years and, $ 160 billion over 20 years.
If you discount $ 80 billion from 10 years in the future, to the period called now, you would not arrive at $ 55 million for Poda. You would arrive at several billion dollars as present value.
And if you discount this several billion dollars, you can get at say $ 500 million USD.
That is how much we are getting ripped off.....very bad deal
My personal opinion,