Cuentas Inc (CUEN)

[Arthur]

If LimeComm fails to hit the agreed revenue targets for one quarter, it would not be catastrophic, it could arguably make up for it in the remaining 9 months of the deal.

That being said, LimeComm revenues is the very first thing I would have looked at in the financials, had they'd been filed.

My point of view is that the LimeComm deal is designed to fail. None of the parties expect it to go to completion.
Basically, NXGH has rented the right to nominally appear to be LimeComm owner for a year.
After a year, the companies will part ways.

On information and belief, LimeComm is an Italian communication company. As part of the deal, it will continue to operate with the same directors. Possibly no NXGH officer will ever set foot in Italy to see how the company operates.
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From now on, NXGH will be severely restricted on the 8-K announcements it might make.
You see, the SEC frowns mightily on companies that announce huge deals while they are delinquent in their financial filings.