Here are my questions:
1. On March 30, Heritage Ventures (HVL.A), under their CFO and current PINC board member Silvio Forigo, announced they had secured the rights to market the Millennium Bug Compliant Kit (MBCK).
a. Why did HVL.A stock go from .33 to .10 to halted since that date? chart.canada-stockwatch.com
b. How many copies of the MBCK did they sell? I doubt it was an average of 14,000 per month.
2. How much did PINC have to pay MSS in stock and cash to acquire the rights to the MBCK?
3. Re, the agreement with Pacific Dynamics: "According to company sources, this agreement is a firm commitment from Pacific Dynamics whereby Pacific Dynamics shall pay for any of the 50,000 units not distributed during the four month term of this contract. Pacific Dynamics is committed to distributing 5,000 units during the month of October, 10,000 units during the month of November, 15,000 units during the month of December, and 20,000 units during the month of January."
planetcity.com
a. October is over. Did Pacific Dynamics indeed sell and pay for 5,000 units (for $49.95 or thereabouts)?
b. How much does Pacific Dynamics have to pay per unit they don't sell after four months?
- Jeff |
