As I understand it, Mr. M. Khan was the one who convinced the company not to proceed with the previous deal- perhaps due to his previous dealings with its founder. As per the shareholders update- he instead convinced them to proceed with the SmartAxiom deal. That alone should demonstrate that the first move he made as CEO was the correct one. The fact that he also stated that he's participating, personally with his own money, in a private placement that's non-toxic/diluted is something you almost never hear of in the OTC world! This looks like it's only the beginning as the SmartAxiom company is the real deal (signing up real customers) and its only getting started!
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