BRK 14.4% 51.5¢ brookside energy limited

Ann: Investment in US Focused Energy Start-up, page-32

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  1. 105 Posts.
    lightbulb Created with Sketch. 15
    Thunder the only thing that is "shady" is your reading and comprehension skills...
    Back to school I think mate
    15% to BRK, 35% Tulsa Equity Group (investing ~$3m pro rata in accordance with their respective interests - so I make that ~$900k for BRK and ~$2.1m for TEG over three years). Management is earning their 50%.
    No free shares for Prentice - his is a non-exec of Black Mesa.
    Looks like a nice option to me - limited cash commitment and leaves the Company with flex to do other deals...
 
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51.5¢
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44.5¢ 51.5¢ 44.5¢ $124.9K 265.0K

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