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Elephant Talk sends default notice, reopens options for ValidSoft

2016-03-24 03:36:05| Electronics - Topix.net

Elephant Talk Communications today said it's given a notice of default to Cross River Initiatives, the company that set a binding agreement to acquire Elephant Talk's ValidSoft subsdiary. Last month, stock jumped when the company said it had a $12.5M deal with Cross River, which had paid a $500K advance in January on the deal.

Tags: options notice talk default

Category:Electronics and Electrical

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