[HamWAN PSDR] Grants

[William Murphy]

Can you please move the palace intrigue and pricing details to a private
chat?

On Tue, Jun 16, 2020, 10:59 PM Bryan Fields <Bryan at bryanfields.net> wrote:

> On 6/17/20 12:34 AM, Andrew Dickinson wrote:
> > I’m curious how you know it was sold so cheaply?  I thought the terms of
> the price were kept confidential.
>
> Brian Kantor stated the price was between 50-59 million.  At the time of
> the
> sale, IP's were about 20/IP with larger blocks commanding a higher price.
>
> A /10 would be about 83m at this rate.  Best case they left 20m on the
> table,
> worst case, they left 33m.  It's likely the people in management at ARDC
> (Brian) had no real experience in this market.
>
> As of now an IP is worth about 34 dollars.  So they certainly could have
> waited to sell with no down side.
>
> 73s
> --
> Bryan Fields
>
> 727-409-1194 - Voice
> http://bryanfields.net
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