Short_Crusher
$FAAS Discussions from today’s creditors’ meeting are likely wrapping up around now.
The big question is whether PayMate has been negotiating with Grant Thornton behind the scenes over a potential rescue or restructuring.
Remember, PayMate’s CEO signed the extension to November 20th AFTER DigiAsia’s potential liquidation was already known. Surely that raises questions about what discussions may have been taking place and whether the intention is still to get the deal over the line?
Today’s meeting may also have covered asset valuations, creditor settlements and potential recovery options.
Nothing confirmed, but a PayMate-backed resolution remains a possibility. The next 17 days could be pivotal.
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