Where is Gucci with all these machinations.
This is real heavy lifting, right up to the line of "Whether this is a Going Concern".
Again, without commenting on it's efficacy, this tells me that they are doing this under a fairly strict compliance oversight situation. The New Chairman must be busy.
It seems like we do not have the complete picture, an acquisition ANN may be what is missing, that might presents a more tangible financial picture.
I wonder what Creditor took the Equity flip deal, baked in a discount no doubt, wonder if it has a hold date on liquidating it.
The theme here is to clean all problems from the balance sheet. Not a bad move, a lot of work for something.
On the entertainment side, there is a pretty good investor review, of comparable AUX Technology (SAAS)companies....SCT, NNG on the 10th at 11:30 AM. Good place to see how 6 complimentary AUX companies are dealing with the storm.
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