InvestorsHub Logo
Followers 7
Posts 6049
Boards Moderated 0
Alias Born 06/27/2018

Re: None

Monday, 12/18/2023 12:25:45 PM

Monday, December 18, 2023 12:25:45 PM

Post# of 13959
What’s funny here is that they just aren’t in a rush to do anything. A tiny deal with INVO takes 5 - 6 months to complete or shall I say terminated. Either way these guys will diddle for a while yet. Look forward to seeing the Satellos deal this Spring. Termination should come quicker for that one. Need to get all tidied up for second half closer with ESHA being the financier for future clinical trials. We should see them start up everything in February. January won’t be anything exciting. The court news is what I’m interested in. I curious to how they get more extensions and what happens with Trustee and how he spins things. Should see some court news in second half of January or later. There really isn’t a need for anything to come out. Creditors are happy and they are in collusion with Teper so there’s really no pressure to do anything. There’s only one instalment that needs to be paid. Court doesn’t even believe that everything needs to be paid at once. First instalment has been given 4 months to complete and that’s if Trustee is even willing to transfer. So just remember that it could take several more months for the second instalment. Then you have months to wait for remnant asset sale to complete and decree to follow. I think all should be completed by 2025 Spring. That’s cutting it close but I think it can be done. Well know better by end of 2024. Hula Hula Cuckoo Penny

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.