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Sunday, January 30, 2022 9:55:41 AM
https://ih.advfn.com/stock-market/USOTC/vnue-pk-VNUE/stock-news/86521883/quarterly-report-10-q#VNUE_10Q_HTM_P1ITEM3
StageIt Acquisition
During the current reporting period, we announced that the company plans to acquire live streaming innovator StageIt. The deal is expected to bring hundreds of thousands of live music fans and complementary technologies to our portfolio in addition to delivering key pioneering talent in the Music Recognition Technology (MRT) space to our roster, which the company believes will accelerate the rollout of the company's groundbreaking platform, Soundstr.
We are still in the due diligence process, and it has taken longer than expected to generate financials and an audit for the incoming business. The parties are working to structure and prepare the definitive documents to the transaction. We hope to enter into definitive documents and announce the same in the coming weeks.
Since Nov we have hear the use of the word Imminent numerous times.
Here is the definition of imminent:
https://www.thefreedictionary.com/imminent
Now if you were in imminent danger would you wait 2 months to react?
I guess my meaning of imminent and the owners are different.
Now I am only talking about the lack of follow through of Stageit. I am not mentioning all of the delays, failures and lack of any progress over the last 3 years. I am simply mentioning the Stageit acquisition and the word imminent.
Nasdaq he says............
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