Sunday, February 21, 2021 4:30:35 PM
From Jeffrey,
To supplement the prior email, for IALS we were able to maintain the O/S structure for common as the largest previous shareholder was willing to cancel shares for a reasonable amount of funds we had deemed appropriate to allocate. This is rarely the case.
I can't, however, share any further specifics on this topic as it relates to any of our active custodial entities. Any material updates will be made at present within the court docs and the website.
Thanks,
Jeffrey DeNunzio
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