So this is my issue. I want to be able to give you the final structure on IPTK regarding FFlya, but that’s reliant on the structure of the new Australian company and the Australian majority shareholders.
The new structure was formed but the process to convert to a public company in Australia and bring in new investors takes time. We have been advised it will be another 30 days before government formalities alone are complete.
That also impacts on our airline program relationships, all at various stages needing funding..
I appreciate this doesn’t help and you are waiting for answers, but I can only move as fast as our very limited resources allow.
Back to you ASAP
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