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Wednesday, November 30, 2022 11:12:15 AM
I am sure these types of terms are discussed and written, but all have to be done according to law (which is very gray in these areas).
I just don't see IST completing their own Q3 taxes when they are now wholly owned by TPT. I really do believe they have the opportunity to fold these numbers into their books (as their quarterly numbers) regardless of when the closing date of the acquisition took place. It's theirs now and all of the numbers are too. Doesn't matter when the acquisition took place, all the numbers from Q3 belong to TPT because they acquired those assets based on the LOI and any profits made prior to the closing, and (I would believe) should be reported in their filings.
If he could, he was either hemming and hawing over the decision and caused the delay, or waiting on the numbers from IST to provide to their accountant which also could've caused it. Or a combination of both.
I for one, would love to see them in there, and if we have a yield sign because of it and it dipped, who cares. Those numbers would be great to see in our fins atm. It would help the balance sheet quite a bit right now and I could see ST3 wanting those numbers in there for all of our sakes. It would be best for the company, shareholders, and future investors as well.
PURE SPECULATION - I could be and most like way off. But it would be nice.
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