They have basically sold the bulk of the business for $750k. It’s hilarious that somehow they self determine it’s not chapter 11. How is that possible? They have the rump of the clients and what’s left of the Frankly business left. They still haven’t even settled on Frankly yet. LKG is still suing them for $700k plus costs and interest. What about the magical $3m loan? If that’s still available why haven’t they dream on it? If it’s not it’s another 3.1 breach. The mountain in from t of them just keeps growing.
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