I have zero interest in CATV. However, you should be aware that all other 6 companies that have been exposed in the grand jury case have fallen into CE designation by OTC markets.
Hopefully the management here will issue a detailed PR regarding their involvement with Dror Svorai, and if he or any member of his family is still holding majority of debt here. They shouldn’t let their ticker fall into the same fate as the others if it can be avoided.
Federal cases involving an FBI sting just don’t disappear, and frankly CATV should’ve addressed it in a PR as soon as Svorai was arrested.