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Re: None

Wednesday, 05/01/2024 12:12:25 PM

Wednesday, May 01, 2024 12:12:25 PM

Post# of 52172
Given the magnitude of the misappropriation scandal at CRGE during 2023, I suspect it's lenders put out feelers for a buyer and financier to minimize losses and for IQST this resulted in the LDA term sheet. The term sheet can be reworked to accommodate the difficulty in timing the start of bankruptcy proceedings. CRGEQ started in February
and should be done by 5-15. Whether IQST remains a landing spot for its telecom assets is an important question, but its acquisition would put the exclamation point on the CEOs discord comment about realizng $billion revenues much sooner than what is widely anticipated. I know I am wishcasting the CRGEQ acquisition because it would signify such widely recognized trust by lenders for the management skills of the CEO & CFO that will 🏒 share price.
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