Like wise, I'm struggling to get a sense of what it means too - I gather it's $500K immediate and $500K plus more subject to certain KPI pa over 5 years - so total is $3M for 19.x% of the company which would value the company at ... $15M?
What would they do with the $$ - I would have think maybe a large or special dividend? unless they want to expand their existing remaining business or acquire branch out in another direction?
Given this company has large share holders in ANDREW KROGER what would he want?
Ann: Cryosite to license its CB&T brand and sell certain assets, page-3
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