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8,265 Posts.
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05/09/05
07:49
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re: is monoco deal the june story?
BQT are solvent......they reaised $1m last week through a placement.
which means BQT had 2.8m in cash.......less expenses from July 1 until the 30th of August which would be around $1m.......which includes stock.
So best estimates would be BQT would have anywhere from $1.6 m to $2 m as at te end of August.
Cash....less expenses plus revenues.
The IP assignment monies are received immediately after the Holding company is set and funding has been completed.
I believe that structure is technically complete.......its waiting for the formal announcement.
IMHO of course.
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