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Originally Posted by Jim
For example, Ultracash was supposed to be sold for $10 million. It was never sold
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remember the solid logic behind that?
He takes his 75%, pays 53% tax, which is greater than your 20%, which means you are making more out of it than he is and he 'made' the company.
And if I recall, the offer was $12.5m USD.
And by the way, the math doesn't work. I guess the fetal position while sitting in a corner is not what gets the check written.
