RE: Sirit spinout?...Starlight Capital is sponsoring the Conference with a wide range of investors and venture capitalists invited.
Would Sirit have approached Starlight to see if such an approach would have any uptake? If so can we assume that they would only do this because of a pending large prize in the offing in revenue? Perhaps the answers are obvious or maybe there's another scenario that is possible?
It seems that if Sirit has taken the initiative in this then its a strange way to communicate such a strategy to its shareholders i.e. through a Starlight N/R announcing a Conference.