Post by
cashmein on Jan 13, 2021 12:10pm
choklat
May I know what`s up with
the j.v. between the two ?
GLTA
Comment by
aurorahigh on Jan 13, 2021 12:37pm
Last report I’ve s even is they still retain a 49% equity interest . They cancelled their existing order with choklat due to mgmt disagreements. if anyone else has any new news on them?
Comment by
cashmein on Jan 13, 2021 12:57pm
Thank`s Aurora for your reply. Too bad. Was looking forward to great things for Nam with the States coming and all : ((
Comment by
QuothTheRaven on Jan 13, 2021 1:03pm
N and Choklat are going through court right now over contract disputes. The court case could end with N having a little over 50% control of Choklat, or a little less than 49%. Depends on lots of factors -- wether Choklat paid their loan on time, whether Choklat was allowed to dilute the share base, wether N broke any of its agreements, etc.