New Slim Pack Arrangement Discussion

A TV2U subsidiary intends to acquire Slim Pack.

Some quick thoughts.​

• We have a subsidiary? ​
• With what funds was it created?​
• Is this run as a separate entity? Where is it registered?​
• With what funds will Slim Pack be "acquired" with?​
• Since the subsidiary intends to "acquire" Slim Pack. Does that mean the content will not be licensed by our asx listed TV2U? Do we have to purchase it from TV2U Brazil? What is the arrangement? Do we no longer have to worry about pesky things such as P&L's because revenue will now go through the subsidiary?​
• What is plan B if this "acquisition" does not go through? It is just a LOI with a view to acquire atm.​
• The sentence "who is currently finalising negotiations to acquire further premium content" worries me. Why bother mentioning this?​
• How does SOL feel about all this? Reviewing their exit clause as the competitors circle?​
• And lastly... an interesting thought... Who actually owns "SOLGO"?​