IMImobile (Multi-Billion$ Co.) acquired all of LNCMQ…
To put things into perspective, IMImobile is a multi-billion dollar company. IMImobile acquired ”all” of LNCMQ. IMImobile is far too big of a company to suspect anything other than success for LNCMQ from this acquisition. I think this IMImobile acquisition of LNCMQ is because of them having some major plans for success for the company as I presume after reading through the 8-K that was filed with the SEC below:
Usually during a bankruptcy, the share structure remains intact all the way through its restructuring. The share was reported to be as indicated below:
The Float shares is somewhere below 20 million shares or lower based on how thin it trades, but I am not sure. However, I do feel pretty sure that IMImobile would not had ever acquired ”all” of LNCMQ unless they have some major plans for success to re-emerge them.
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