Yeah a very strange and poorly written and edited press release. Looks like they put it together in 10 minutes.
Makes you wonder why they are so desperate to hold onto a defunct shell with a high OS and lots and lots of debt. That makes zero sense. I wonder if IFLM was approached by someone in Hollywood who wants to do something with IFLM assets/catalog?
Definitely more going on here behind the scenes.
Could be set up for an epic run on the stock though, which is all I care about.