snip ... but as you probably know, investments are made on a number of factors, cash flow/turnover being just one. I would think the KNC data centre alone is worth much more than $15mil so investors have millions in assets not mention IP to liquidate if it hits the fan. Interestingly KNC have been quick to spout turnover figures but remain suspiciously quiet when asked about profit. There's a saying: Turnover for vanity, profit for sanity. Their annual report would be an interesting read.
I agree with you. The terms of the investment aren't public. It will almost certainly be secured on a preferred basis, with board of director representation if not control.
Btw, don't forget the value of all that existing customer goodwill too LOL