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100% 0.2¢ thrive tribe technologies limited

Ann: Loyyal Investment Update, page-114

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  1. Urtbanhoodlio
    82 Posts.
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    18/09/20
    10:48
    Post #: 47443372
    If we are to believe the patents have great monetary value then the narrative becomes: the Loyyal Board of Directors (including RFN who was on the Loyyal board) voted to go bankrupt rather than selll these patents for cash and stay in operation. Additionally, the external auditors allowed the company to exclude the patent value as intangible assets from the financial statements making the company non-compliant with US GAAP.
    RFN Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 3  Great analysis
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