As per the filing...............
These shares were issued pursuant to the issuer's Amended and Restated 2013 Incentive Compensation Plan, in payment of fees owed to the reporting person under such
plan. The shares were issued at a price of $0.31 per share, representing the volume-weighted average price of the issuer's common stock for the five-trading day period
ended March 31, 2016.
Not exactly a sales force outsourcing but more an addition (big addition) to the potential for product sales in the next couple years. MRIC will continue doing what they do AND have Brainlab selling the Smartframe abilities with their hardawre. A Win/Win. Also the debt restructuring was done in a way that the more the SP goes up the more Brainlab will make of the warrents over the next several years. I have renewed confidence and buying more tomorrow!! Bargain price. .30$ thank you!!
Sentiment: Strong Buy
I have, thank you for your direction though. Glad to know that you already know the deal will be priced 76% in the hole. While you're instructing people to read SEC filings.....why don't you do yourself a favor and check to see how many shares are outstanding and how many they are authorized to issue.... After you do that, you may want to check your math and rework your numbers. Good day.