IPSO Ventures mulls sale as struggles continue

Investment company IPSO Ventures, which in January warned that there was was only sufficient working capital to operate until the third quarter, has said that it is considering options including the sale of the company.

Investment company IPSO Ventures, which in January warned that there was was only sufficient working capital to operate until the third quarter, has said that it is considering options including the sale of the company.

IPSO has been unable to raise additional capital or sell any assets since its half-year results at the start of the year and now has insufficient cash to meet its debt repayments.

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