Monday, August 28, 2023 3:20:50 PM
From the timelines given to us ST3 is looking to uplist around December 1st (give or take) 120 days from 8/1 PR where he announced that Broadband Infrastructure Inc should close 9/30.
Yesterday's PR is anticipating closing 10/31 (both well ahead of anticipated 12/1 uplisting forecast)
The initial payment, amounting to up to $20 million can be made, at the election of the Tekmovil shareholders either in cash or through TPT Global Tech Series E Preferred Shares, but no less than $10 million in cash paid by October 31, 2023, unless extended by Tekmovil shareholders, is required to close.
That is why I wasn't sure what or why you were concerned with him rushing the uplisting. It appears to be laid out quite nicely, but anything is possible.
Since the new acquisition is maintaining 40% ownership, I would imagine they intend to launch this properly too.
Just curious why you think he would need to rush it prior to those MOU's materializing?
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