Quarterly report 2 2024
Dear fellow shareholders, We are pleased to report positive signs in our new business model. Since I recently became the CEO, both the net asset value and the share price have improved, showing strength in our strategy. Our company is looking to invest in companies suitable for spinouts as dividends to our shareholders and to float their shares in suitable marketplaces. The first project is Mobintel. Mobintel signed a term sheet in July with an Emeriti investment bank for a seven-year funding arrangement totalling USD 50 million, of which up to USD 38 million would be facilitated as