Correct pkc89 --- and if I had to guess why, maybe because MMEG planned to file for Bankruptcy (8-k of Oct 6) ... and the court hearing will be in Germany. Perhaps the proceedings will be more expeditious (btw, it will) if German Co. Poolworks is "wholly-owned" by another German entity (VZ Networks) as opposed by a foreign Company (non EU Momentous) during these proceedings. My guess, 6-8months (which coincidently was their announced time-frame of the re-vamped, re-named rollout of Poolworks) compared to 1year (or more!).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.