Ann: Acquisition of Artificial Intelligence Company Jemsoft, page-127

Can you deliberate further on your points? To be frank, I have not read all the postings posted today ....

From the article stated in The Advertiser,

"The deal comes as Jemsoft faces Federal Court action from joint-venture partner Karen Nelson-Field.

Dr Nelson-Field, via her company, has applied to wind up Jemsoft because of what she claims is a $67,815 debt stemming from consultancy work she undertook early last year.

Dr Nelson-Field entered into the joint venture with Jemsoft in April 2016, resulting in the creation of Media Intelligence Co (MIC).

As recently as Tuesday, affidavits were filed in support of her claim, however Xped’s executive chairman Athan Lekkas said Dr Nelson-Field would continue to lead Media Intelligence Co.

Yet Dr Nelson-Field told The Advertiser today that she had no advance warning of the Xped-Jemsoft transaction.

“MIC and its directors will make a statement in due course,” she said."

I am not disputing what you posted ... I am just thinking ....

.....wind up Jemsoft because of a claim of 67K? and then will still continue to lead MI? And that they will make a statement in due course?

I am pretty confused with this article, to be frank. BTW, is 67K substantial?