Not sure who is driving this, but from my perspective, it's good...

Not sure who is driving this, but from my perspective, it's good to see some traction to conclude on these matters.

Since they got the loan facility in the Sep21 quarter, they have seemingly gone on all out spending spree of joint ventures - Brainpac, BindTuning, My Net Zero, Hide & Seek, Human Link.......all at seemingly prices and based on revenue/ARR multiples and with contingent consideration.

Time to pull back from all these joint ventures in a huge range of different fields (which I think was an attempt at customer acquisition on the cheap as they would try to cross sell product), consolidate and refine what they have, conserve money and try to generate some positive cashflow.

MyNetZero must be pretty upset at this stage.....getting shares currently valued at ~1.2m but their sales agreement was for ~5.5m.....ah well hopefully with ~10% of the company they are motivated to improve the business and see the value of their shares increase.