No news is still good news at this point in time. Hopefully they are still both keen sellers and buyers.
The inventory issue can be resolved with a lower offer from SOPA. However, that will depend on many factors we know nothing about.
Not sure SRY is worthless, and with a MC of only $1.5 mill it still has plenty of appeal as a shell, if the sale goes ahead and they are left with some cash.
Shareholders should be updated, but a Singapore based company with a business in Indonesia there is plenty of risk that this could in fact never come out of the suspension.
The original owner (pre-llisting) is back in control, and has plenty of shares, so I'm sure he is trying hard to get some value back.
Its a speccy...50/50 at best.
So we continue to wait.
Milesy
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