CIO 0.00% 1.8¢ connected io limited

Some key points from the quarterly suggests there possibly might...

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    Some key points from the quarterly suggests there possibly might be some announcements coming out soon.

    Strategic Review
    The Company announced during the quarter that it had commenced a strategic review of the business which includes assessing the current US business, potential New Acquisitions and a potential re-structure of the Company’ existing creditors, including debt providers, convertible note holders and other creditors.

    The  review,  which  commenced  prior  to  the  end  of  2020,  has  now  progressed  to  the  stage where  the  Company  expects  to  be  in  a  position  to conclude within  the  coming  weeks.

    Stategic review is focussed on assessing the current business and Investigating New Opportunities that compliment the Internet of Things (IOT) business model both within and outside of the USA
 
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