Coms – email from Dave Breith

In the BearCast of Friday I suggested that Coms should have settled £825,000 to Ian Smith’s Castleton on 5 November. Dave Breith of Coms has emailed me to clarify. 

I heard your bearcast and the actual deferred consideration that Coms had to pay is / was due on the 21st November. However Coms settled the deferred monies early under a settlement agreement on the 31st October at £825,000 and paid this by same day electronic transfer.

Thanks for that Dave. 

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