GMV
Click for more information
0.00% 3.9¢ g medical innovations holdings limited

GMVD - NASDAQ IPO, page-711

  1. mg97788
    729 Posts.
    lightbulb Created with Sketch. 596
    clock Created with Sketch.
    28/11/20
    11:16
    Post #: 49207666
    Steps and details: 1. Setting up a bank account for Gmed Hong Kong Subsidiary (2 days + HKD 30K cost)2. Drafting of agreements between 1/Gmed and Alan, 2/ Alan and investors and 3/ bank and investors (2 weeks + USD 100k legal cost in advance, which is deductiblefrom final fee)3. Depositing USD 20m into bank account from Gmed Hong Kong Subsidiary, whichcan be recognized by auditor into asset in balance sheet, but not actually touchable by the company, UNTIL someone (company/ controlling shareholder/ 3rd parties) repays this USD 20m

    Implying here that Alan Liu is the Alan in the term sheet highlighted in Bold
    GMV Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS ASX hits all time high out the gate on Friday trades following bullish US inflation data
right-arrow Created with Sketch.
GED Golden Deeps eyes prospective Cu-Au tenements in NSW with HOA
right-arrow Created with Sketch.
NEWS Almonty locks in govt agreement for tungsten oxide plant in South Korea
right-arrow Created with Sketch.
IMM Immutep reports strong response rate from immunotherapies treating carcinomas
right-arrow Created with Sketch.
BHP BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning
right-arrow Created with Sketch.
SKS SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GMV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.