Saturday, July 09, 2022 3:09:42 PM
B) What did the Hicks team promise NPI Mobile to from the joint Venture SRT?
He promised $15M within a specific timeline, this was one of the conditions for which an agreement was made for becoming (equal?) JV partners with NPI Mobile.
It’s written in the original 8K announcing the inception of the SRT LLC.
Hicks was talking about seeking series A seed funding back in ‘21 but as we all know that clearly went nowhere.
Yeah I’m surprised with the event that happened yesterday, like out of the blue considering they said this a few months ago in April:
The 5G Infrastructure Division will have access to multiple 5G contracts with funds used to deploy our field services on all 5G contracts secured. PMPG will move forward with contract finalization once funding is secured.
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