Re: Final payment

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Shash

Rank: President [?]

Points: 5939 [?]

Votes: 298 Score: 3.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Final payment

in response to

Re: Final payment

Snapback

posted on Jul 17, 2020 08:39PM

Well there seems to be some reason to believe otherwise.

My notice states " DL Shanghai delivered a final payment of cash consideration and an amended form of preferred supply agreement with terms more favourable to the company than initially negotiated, which the company has determined to accept in final satisfaction of the total purchase price for DenseLight."

I'm not reading $5 million or any other number here. I'm reading "cash consideration" and an amended supply agreement.

That's why some have more than "zero reason" to think something else occured.

A simple message to shareholders, with an actual amount, from the CFO would clarify everything!