Cash flow statement  

Cash flow statement

Justified Wages Inc. (the “Company”) is a privately held provider of cloud-based

software platforms for the Internet of Things (IoT). The Company enables product

businesses to become IoT service businesses, and helps organizations launch, manage,

and monetize the deployment of IoT worldwide.

In November 2012, the Company secured financing of $40 million from an independent

investor, Well-to-Do Inc. (WTD), in exchange for the following:

• $30 million for the issue of a new series of its Series E Preferred Stock (Preferred

Stock), and

• $10 million for the sale of its shares of common stock (“Common Stock”).


Solution preview for the order on cash flow statement

Cash flow statement


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