Jboy/Rebecca Rebecca/ Jboy aren't going to like it didn't we just give GEM how many shares plus warrants at $.06 because based on this my recollection was wrong the deal was 15 million shares to Heatth Clinics at the time we're about 1.50 which valued Care at 22 million plus or minus. Then there were 8 million contingent on milestones that we give or pay $2 each so essentially another 16 million so Health clinics expectations was their deal would be 38 million or greater at the time. Today they would be worth $2,415,000 that's a substantial drop wouldn't you say Rebecca/jboy
now considering the milestones haven't been met this is still pretty darn relevant especially if I was sitting in Health Clinics seat.
oh here is the cut from NR that Rebecca/Jboy don't want to talk about.
The letter of intent commits the HC Companies to negotiate exclusively with StageZero for one hundred and twenty (120) days, and is binding as to payment terms. The payment terms contemplate that StageZero will issue 15,000,000 common shares (the "Closing Consideration") to the vendors on the closing of the Transaction, with an additional 8,000,0000 common shares (the "Contingent Consideration") potentially issuable to the vendors post-closing, contingent upon the achievement of certain performance milestones.