Food for thought for the long term holders.
Tinjoy was meant to bring the AHI tech to China (deal signed early 2021), has any news and/or revenue eventuated yet? Now the same person behind Tinjoy, Russell Bateman, is going to pay USD$10M upfront to AHI for the license in China? Because Tinjoy/AHI was so successful in China?
My crystal ball says:
1) Changlin IPO will experience delays, indefinitely.
2) The USD$10M upfront license fees will never be paid.
3) Changlin/AHI will blame State Administration of Foreign Exchange of China (“SAFE”) for these delays.
Food for thought for the long term holders.Tinjoy was meant to...
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