Hi Dub,
Usually when you buy a home or business you finance it through the bank / financial institution. You don't finance the purchase through the current owner. (Vendor finance)
Also, the terms of the finance arrangement were 8 instalments over 4 years. They are roughly half way and organising a liquidity event to pay the rest of the vendor finance, the earn out and most likely working capital. Also, why did Anteo have to borrow money from shareholders a few months ago if they had access to retained profits from Diasource?
For the record I think getting rid of Diasource is a big mistake. Surely they can structure a deal where they keep some of it at least.
Give the company a call and ask the questions above if you want clarity. I am not a holder so they most likely won't talk to me.
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