RMG Networks Holding Corp - 10-Q filing on 2015-05-15

Subsequent Event	3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	11. Subsequent Event On March 19, 2015, the Company announced that it had entered into a non-binding letter of intent (the “LOI”) to sell the RMG Airline Network to an unaffiliated third party. Since that announcement, the exclusivity period of the LOI has expired and the Company has elected not to renew it. The Company continues to work through due diligence with the potential buyer contemplated under the letter of intent as well as additional unrelated third-parties in order to progress towards a definitive agreement. In the meantime, the Company continues to evaluate its strategic alternatives for the business. There can be no assurances that this sale will occur on terms favorable to the Company, or at all.

Subsequent Event

3 Months Ended

Mar. 31, 2015

11. Subsequent Event

On March 19, 2015, the Company announced that it had entered into a non-binding letter of intent (the “LOI”) to sell the RMG Airline Network to an unaffiliated third party. Since that announcement, the exclusivity period of the LOI has expired and the Company has elected not to renew it. The Company continues to work through due diligence with the potential buyer contemplated under the letter of intent as well as additional unrelated third-parties in order to progress towards a definitive agreement. In the meantime, the Company continues to evaluate its strategic alternatives for the business. There can be no assurances that this sale will occur on terms favorable to the Company, or at all.