Tesserent looks to have done a pretty clever deal here, perhaps...

Tesserent looks to have done a pretty clever deal here, perhaps a genius one by Keith Glennan. TNT bought Blue Reef for $3.58m, they get all the customers and distribution but have also been able to on-sell the IP of MyNet/Sonar for the same amount ($3.5m plus $300,000 shares), yet keep all the distribution and exclusive market distibution. They also get to cut some staff overheads from this sale too.

This is a very clever deal completed by Keith and the board, for no risk and all reward and no cost!
Not sure why there is no price action yet - perhaps a bit too tricky to understand or is everyone watching the US election right now?
R