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Thursday, February 08, 2024 7:33:00 AM
The revenue and share holdings they received from FTRS and probably JobMobz by now will likely be used to show NasDaq they meet the 2.5M SH equity requirement. So this is my assumption as to why they listed the shell as a company asset when they bought it for 80K.
If that’s what they’re betting on, I hope it works since the GOLQ deal is contingent also on them still being a Nasdaq shell.
Probably won’t know the details of that until they either hold or sked a SH meeting which is also required by Nasdaq or the 10K hits.
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