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Edward

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Edward

Re: None

Thursday, 01/26/2023 12:56:32 PM

Thursday, January 26, 2023 12:56:32 PM

Post# of 144812
Looks like Iroquois has given up on PMCB.

No PR's for months.

They do not know what to do with the company.


They can't sell the company since they now have realized CIAB is worthless.

The only asset asset they have is cash.

They do have some ownership in SG Austria, but who knows what that is worth.

They show SG Austria at cost on the balance sheet, but it now may be worth less.

So Iroquois is content just to collect board and directors fees and any salary they declared for themselves.
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