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Sunday, January 19, 2020 9:01:56 AM
TCA and ITKH/BR (against BR opinion) settled for $4M (from what I understand it was the sole decision of Fred to take the settlement) because of this all BR employees quit.
There was also mention of Fred either having or owing a loan but I won’t make assumptions since there’s no documentation of that given to me so that’s up in the air.
So as it looks now ITKH is an empty shell, and TCA has full control of the public co. Fred may still own shares or not I have no idea. Not sure if there are any 13gs filled for the common
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