MICT Inc (MICT)

[novicetrader]

Quoting portion of the SEC Proxy filing(annual meeting 26th day of December, 2018) filed just yesterday (Nov 8) linked below, it looks like the BNN transaction is still on(at least the fact that it is not 'off' is something positive):


....if we proceed with the proposed transaction contemplated in the letter of intent with BNN Technology PLC, as previously reported (the “BNN Transaction”), we intend to issue awards of up to an aggregate of 1,700,000 shares of our Common Stock under both the 2014 Incentive Plan and the 2012 Incentive Plan (as hereinafter defined) to our officers, directors, employees and consultants assisting with the BNN Transaction. If this proposal is approved, we expect to have sufficient shares available under the 2014 Incentive Plan for the next 12 months. Our Board believes the ability to grant stock options and other equity awards provides us with a powerful and necessary mechanism to attract and retain directors, ....

See
PROPOSAL NO. 3 – APPROVAL OF AN AMENDMENT TO THE COMPANY’S 2014 STOCK INCENTIVE PLAN
https://www.sec.gov/cgi-bin/browse-edgar?CIK=MICT&owner=exclude&action=getcompany&Find=Search