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01-07-2013, 01:14 PM
A guy with a bass
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Join Date: Sep 2004
Location: Charlotte, NC
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Originally Posted by iamitter View Post
James Mirtle ‏@mirtle

ie. Midpoint is 60 mil. Cap is 69 mil.
Only true if revenue is over 3.55B. If it is less, the midpoint+15% is less than $64.3m and the minimum ceiling kicks into effect. Sounds like the floor will still be midpoint-15% in that case.

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