SYNTHEIA CORP. O.N. Aktie

Syntheia is selling its call-center division to Beyond the Call, a company owned by President Imran Butt. In exchange, 10,000,000 common shares held by Butt will be cancelled (under 10% of outstanding shares, ~ $150,000); if the unit is resold within a year, Syntheia reserves 40% of any consideration. The transaction requires approval of the independent shareholders (excluding Butt) and is expected to reduce the unit’s revenues to zero, cut annual costs by about $2.2 million, and result in asset write-downs of $5.8 million and liabilities of $4.8 million; closing is expected by December 31, 2026. Syntheia also plans to settle a debt of $53,680 by issuing 2,147,200 common shares, subject to CSE approval. » Mere på de.investing.com