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iPhone Cases sale A basic reading of the press releases might lead a reader iPhone Cases to believe that the company had purchased the equipment directly.However, a reading of the November 1, 2017, Form 8 K that described the transaction leaves us with a different impression. The 8 K clarified that Riot had actually acquired a corporate entity called Kairos Global Technology ("Kairos") that held the cryptocurrency mining equipment described above.The form 8 K described a share exchange agreement with Kairos whereby the company exchanged Convertible Preferred Stock (convertible into 1,750,001 common shares of Riot) for all outstanding shares of Kairos's common stock. Given that Riot's stock closed at $6.95 per share on November 1, 2017, we estimate the share transaction value at approximately $12.1 million (As of this writing those same shares would be worth an estimated $27 million.) In addition, Riot included a potential $1 million royalty sweetener for Kairos's shareholders:The shareholders of Kairos also will receive a royalty to be paid from cash flow generated from operations, which shall entitle such shareholders to receive 40% of the gross profits generated on a monthly basis until they have received a total of $1,000,000, at which point the royalty is extinguished.All told, we estimate the transaction provided anywhere from $12 13 million in value to Kairos's shareholders on the day of closing.iPhone Cases sale

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iphone x cases Subscribe today for full access on your desktop, tablet, and mobile device.Already a print edition subscriber, but don't have a loginManage your account settings.My AccountView the E NewspaperView your Insider deals and moreAs thissummer approached, Ortley Beach, one of the places hardest hit by superstorm Sandy nearly five years ago, could rightfully tout rebuilt summer homes,a replenished beach and plenty of new attractions nearby.And then came the rainto wash the good vibes out."The weather has been bad," said John Spadavecchia, the owner of JohnnyFries in Ortley Beach, which is part of Toms River. Business at the restaurant slumped 20 percent compared with last year. "Once you miss one day, it's gone."The Shore's summer tourism season comes to an end this weekend with a trace of disappointment.More: These are the best beaches in Monmouth County.iphone x cases

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