Saw on a post on Linkedin made by Seth Lim today about his exchange and it reminded me that BPG will be getting some cash flow this month from Soar Labs!
•BPPL receives the following settlement proceeds – US$232,323.67 on or before 24th November 2018, and US$320,556.97 on or before the 24th May 2019.
• Mr Alvin Phua receives the following settlement proceeds - US$347,476.33 on or before 24th November 2018, and US$479,443.03 on or before the 24th May 2019.
From previous announcement, we know that Soar Labs will need to make a payment on or before 24th November to BPPL and Phua.
Considering their exchange is up and running, perhaps our management or Yano Lim can still get Seth Lim (assuming both are relative) to give up some stake of his Cryptocurrency exchange if Soar Labs doesn't have enough to pay the settlement proceeds.
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