wow$200,000 up front - and this to a related party. of course...

wow

$200,000 up front - and this to a related party. of course the "independent directors" agreed to the deal. one wonders what the other offers were, from totally unrelated parties.

as far as the balance of the consideration, one wonders if they might be held in "escrow" for a year or so - if this is the case, the mxr cannot sell the shares

this transaction is not going to go anywhere meeting the required funds for selheim. even if the shares can be sold, admin costs still need to be met.

for the believers, this is a disaster of a transaction. sure the 2% net smelter royalty might be worth a motza in a hundred years time

guess the market liked the news, with the shares surging by 10%