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LICT Corporation (“LICT”, OTC Pink ®: LICT) announces that we are electing to participate in the Federal Communications Commission (“FCC”) Enhanced Alternative – Connect America Cost Model (“Enhanced A-CAM”). The Enhanced A-CAM support is an u...
LICT Corporation (“LICT” or the “Company”; OTC Pink ® : LICT) is announcing that it will sell its 20% share in Brick Skirt Holding Company, LLC. (formerly DFT Communications) to CIBL Inc, pending regulatory approval. As background, CIBL was spun off from...
2023-09-01 16:49:28 ET More on LICT LICT reports 4% growth in revenue: Q4 Prelim Results For further details see: LICT GAAP EPS of $294.00, revenue of $33.07M
LICT Corporation (“LICT” or the “Company”; OTC Pink ® : LICT) reports unaudited, financial results for the quarter ended June 30, 2023. Driven by broadband sales, non-regulated revenues for the second quarter of 2023 increased 3.7%, to $18.4 million from t...
2023-08-11 15:00:30 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...
LICT Corporation (OTC Pink: LICT) has changed the proposed distribution date for its previously announced spin-off of 81% of the common stock of MachTen, Inc. (OTC Pink: MACT) from August 14 to August 31, 2023. MachTen is a newly formed company organized to be a holding company for LICT’s ...
LICT Corporation (OTC Pink: LICT) previously announced that its Board of Directors has approved the spin-off of a majority interest in its Michigan businesses through a pro rata distribution of 81% of the common stock of MachTen, Inc., a newly formed holding company formed to hold the Michigan bu...
LICT Corporation (OTC Pink: LICT) announced today that its Board of Directors has approved the previously announced separation of the company's wholly owned Michigan subsidiary through a pro rata distribution into newly formed parent company MachTen, Inc. LICT shareholders will receive a dist...
LICT Corporation (“LICT” or the “Company”; OTC Pink ® : LICT) announces that the U.S. Securities and Exchange Commission has cleared the spin-off of the Company’s Michigan operations. Details will be forthcoming in a future press release. This rel...
LICT Corporation (“LICT” or the “Company”; OTC Pink ® : LICT) announces that, in connection with the previously disclosed spin-off of MachTen, the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by M...
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Revenue increased 15.5% quarter over quarter to $33.5 million. EBITDA increased 30% to $14.7 vs. $11.5 million in Q1 2023. Earnings were $295 Per Share compared to $228 last year. Capex increased to $16.4 million from $9.7 million to fund buildout requirements for E-ACAM and Feder...
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LICT Corporation (OTC Pink: LICT) LICT is focusing on government sponsored programs being offered to assist in closing the digital divide. We have adopted several of these programs, however one in particular, the Affordable Connectivity Program (“ACP”) is set to expire in May unless...