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Ann: Sale of Immersion Clinical Spas, page-72

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Astral

3,444 Posts.

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24/09/20

15:24

Post #: 47603432
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Originally posted by hamathwinter: ↑

Let me lay it out for the oddocket's although this will probably also be moderated.

You have a $2 company registered on the 14/09/2020 with no operating history and likely no operating revenue, colourful senior management, entering into a binding sale agreement with an ASX listed company over 2 tranches, taking over a shuttered business due to Covid19 with balance sheet liabilities and you don't want to ask questions as to wether you will ever see the second payment?

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if the buyer falls, fails to pay up, WNB gets the spas back... and maybe take over the failed company....no ?

WNB Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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