http://colotraq.com/ http://colotraq.com/partners.html COLOTRAQ is the first and largest broker and master agency specializing in data center infrastructure (DCI) solutions with an unrivaled network of direct agreements with over 400 service providers across 140 countries and territories. Established in 1999, COLOTRAQ has closed more than 1,500 deals representing more than $100 million in annual recurring revenue.
The company confirmed that the news is real.
I asked about the confirmation of the over $100 million revenues within the COLOTRAQ website and I was told that those details will be coming out on April 30th or before sometime this month. http://colotraq.com/partners.html
I asked if the deal was going to be done with preferred shares and I was told that those details will be coming out on April 30th or before sometime this month.
I asked if the company was going to be doing a reverse split. I was told that the company is not going to be doing a reverse split.
The gentleman that called me back was really fairly conservative, but at the end of the conversation he told me... enjoy the ride. I thought that was very interesting.
From the conversation, I believe the Definitive Agreement is something that is going to actually close as per the PR which stated would close on or before April 30, 2019.