Bee Vectoring Technologies International Inc BEVVF

need aspirin

[robertwfb]

well it looks like we will have financing for the next couple of years. reading and trying to understand the particulars of deal makes my head hurt! I'm going to assume this is a good thing. :^)

 

[hoffbag]

Whenever a deal ior its terms are overly complicated my instincts tell me that it is not a good thing...  :) I would rather have seen a direct equity raise or a potential partner equity buy-in.  

[kulewater]

Simple deals for simple minds. Deal is actually really interesting the way its structured. The floating benchmark price allows a variable capital raise.. BEE would not do this unless they they thought they could exceed it and reap the rewards.  The deal also closed as an overnight PP so there was no public participation.. which sucks for me. :) The only thing you really need to know is

[robertwfb]

sound great I'm always ready for some news!

[hoffbag]

You sound like the salesman who structured it.  I wonder if the exec participation was a condition.  

[peppesilver57]

glta.

[throwaway11]

For the record, Sorbie Bornholm was in a similar agreement to BVT's with Kogi Iron in Australia. Feel free to look up Sorbie's name on Australia's HotCopper investing forums. I am a long term holder of Sixth Wave Innovations, who Sorbie also had a deal with. Many of us are holding averages from 27-40 cents. After a dramatic period of anonymous selling which took the stock to