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Re: None

Monday, 03/04/2024 8:35:40 AM

Monday, March 04, 2024 8:35:40 AM

Post# of 52193
I'f the bankruptcy of crge is successful (by may15th), the telecom division will be released from all liabilities. Its revenues will continue to be near $100 million/quarter, but I doubt Arena or Island partners has any real interest in managing the day-to-day affairs of a telecom whose present product portfolio is unprofitable. Yes there are a lot of moving pieces for this potential $iqst acquisition and it will take some time and require the satisfaction of current lenders % ownership objectives for a profitable company, but I can forsee a controling interest deal coming together around July if not a tad sooner.
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