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  • dakyne_62 dakyne_62 Jun 6, 2009 4:36 AM Flag

    Debt financing with Asahi

    I like the fact that they replaced GE's debt with Asahi's, but nowhere did I see royalty payments for sales in Asia. Why didn't NXTM set up a partnership agreement with an Asia partner who would put up cash and perhaps pay 20% royalties to NXTM--instead of just settling for a restructured debt (and perhaps later dilution)?

    Either way, cash no longer seems to be an issue.

 
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