Editing IPG
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== Valuation<ref name=":0" /> == | == Valuation<ref name=":0" /> == | ||
Please note the company valuation listed on the campaign is £15M as this is calculated on a fully diluted basis taking into account all future rights to equity including the employee option pool. Without taking this into consideration the valuation would be £14M. | Please note the company valuation listed on the campaign is £15M as this is calculated on a fully diluted basis taking into account all future rights to equity including the employee option pool. Without taking this into consideration the valuation would be £14M. | ||
== Debt Facility<ref name=":0" /> == | |||
The company currently has a rolling debt facility with the Chairman which is secured against an R&D tax credit due to the company to the amount of approximately £420,000. At any time the company can borrow against this amount at 5% interest. The amount outstanding on this facility is currently zero. | |||
== Outstanding Commitments<ref name=":0" /> == | == Outstanding Commitments<ref name=":0" /> == |