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“Tradelot, you posted last week that ISX had already put $1m in trust to the Court. Is that true? “
Hi Benny, of course it’s true. Except the trust account was their law firm.
Here’s the quote from my post you quoted. No mention of deposited to the courts, all though I can see how you would think that. My bad.
“You do also know that 1 million of the 2.7 million required to be paid to the courts has already been deposited into trust for several months now ( see court records) to cover this known security for costs event. Now the exact balance is known the details can be solidified between the parties with the balance monies can then be paid to keep the case moving forward.”
Further to that 1 million, I see the money was returned to SP1 in the latest quarterly.
View attachment 4569997As far as tactics - Everyone has a game plan right. To best suit their own outcome. The waiting game is for a reason, and it’s not for lack of funds based on ISXFEU quarterly, so it’s got to be beneficial to hold off on the security payment imo.
All will be revealed with time. Cheers
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