RE:Invictus to sell Future Harvest Development
$1.43M cash infusion incoming ($250,000 so far, guarabnteed $1M this year). Not a huge amount, but enough to keep things running.
There's two wasy to look at this:
1. Invictus is burning through cash and having to sell valuable assets to keep the payroll intact.
2. Invictus is making tough but smart choice to keep the payroll going while avoiding debt and dilution.
Invictus clearly got caught up in aquiring too many subsidiaries, but at least in this case they can sell a pure asset without any contract breaking fees.