Ideanomics Inc (fka IDEXQ)

[DewmBoom]

$IDEX was broke then and that is why they stop the whole thing due to added cost of cleanup. Later, they declared it as a non-core asset to sell in their filing. $IDEX is sitting on a pile of $355M in cash, as we speak. They can sell it or do whatever they choose. They will also make money on it or breakeven. It’s 58 acres of land. Collier International is selling it on behalf of IDEX and there were several buyers under considerations.