...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?
Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?
...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...
Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.