There will likely be some liabilities attached to the transaction as well, I think the existing building lease was mentioned in the last announcement. Also employee entitlements etc.
That being said, as long as any update is balanced with some info on the fact that the say guys who built the business and sold it for $15 million are buying it back for $500k, it seems like a pretty low risk bet that they can at least turn some of the business back around to its former glory - the market will likely respond pretty positively I expect.
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- Ann: Sale of ITS business
There will likely be some liabilities attached to the...
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