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MELA Sciences, Inc. Message Board

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  • dwoods4q dwoods4q Nov 16, 2012 4:46 PM Flag

    One possible solution

    Its called a $1 buyback. GE buys the unit from MELA and leases it to whomever for whatever term [1-5 years] the client wants/can afford and at the end of the lease the client has the option of buying the unit for $1 or returning it. Its standard financing and has been done for years, I used $1, it could be any amount up to a fair market residual, as an example. Remember MELA recoups its money on delivery with profit.

1.2099+0.0099(+0.82%)Nov 27 12:55 PMEST