Death by a thousand cuts. So they get an extension to the 8th, announce it on the 8th at the same time claiming in the announcement that they will have a formal announcement on the 8th ! Why not just wait and do the formal announcment. LOL
The Company and iGoDirect Group has agreed to extend the due date of the loan to
the 8th of April 2024.
Further to the announcement dated 5th April 2024, MRI is continuing discussions
with iGoDirect in relation to the loan and expects to provide a formal update by 8th
April 2024
Picture their office atm ...in one room the auditors are scouring their books to find a pulse, in the other room the directors are being slowly garotted by IGo direct and in the foyer pacing around is the Frankly vendor sweating on his payment. What a time to be alive. Clealy whatever they have offered IGo has not been suffient to move the needle other than buying more time to move the needle. But never underestimate the bigger fool concept, there is prob a life line out there, and they are buying time to find it. IMHO
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