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Multistack Advances Q4 Sales Amid Danfoss Arbitration Settlement Talks

9:47am on Friday 24th of January, 2025 AEDT Manufacturing
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Multistack Advances Q4 Sales Amid Danfoss Arbitration Settlement Talks

9:47am on Friday 24th of January, 2025 AEDT
Key Points
  • Q4 sales include water-cooled and air-cooled chillers plus spare parts
  • Settlement in principle reached in arbitration with Danfoss, final documents pending
  • Cash reserves near $1 million with controlled operating expenses
  • Multiple related-party loans secured to fund ongoing operations
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