Hi FutTheWuk,

"Prior to the auction, Patriot, Scripps Secured Data, Inc. (“SSDI”) and a junior secured lender to Holocom entered into an Earnout Agreement, pursuant to which..."  Based on this, all 3 parties entered into the earn-out agreement.  And I believe that the other parties in this deal are the real "backers" behind the overall deal. This is all assuming that the Junior lender must be aligned with the Scripps Secure Data side of the transaction.  For the foreseeable future, we will have no visibility to whatever the actual "payout or incentive" actually may be for Patriot.  Clearly I do not believe that we entered this transaction to serve as a lender or partake in some sort of arbitrage takeover.

All IMHO...