STI stirling products limited

funding

  1. 9,372 Posts.
    lightbulb Created with Sketch. 2006
    Funding as I see it will be as follows:

    Up front payment of $20k establishment fee for the $1.2m Mezzanine fund (Repayment at 1% per month interest).

    A question market hangs over where the $3m working cap will come from.

    The $3.66m loan repayment will come from future Telemedcare profits. No interest to be paid.

    So yes it has cost STI just over $7m for Telemedcare but as I said how much value does this add to STI, in my opinion this could add millions if not billion of dollars to STI.
    E Health is the way of the future.

    DYOR
 
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