2013 Sale of Co. Assets to BIRCH COMMUNICATIONS was totally confidential, sale may have yielded Covista millions.... Confidential Asset Sale on 1-10-13 to BIRCH >>> Acquisition agreement, notice assets kept confidental... millions of dollars?... https://www.dropbox.com/s/jxz4x0jbpjlbqun/1200154.pdf
Share Structure: 17.8M OS / 5.5M Float COMMON SHARES @ .05 PAR VALUE
INSIDERS OWN MAJORITY(69%)...
>>>BEST PART...
CVST SOLD THEIR ASSETS TO BIRCH COMMUNICATIONS IN JAN. 2013, THE DETAILS WERE CONFIDENTIAL(Confidentiality Agreement link above). EXACTLY ONE YEAR LATER... MAJOR BUYING.... ONE YEAR STIPULATION TO ASSET PURCHASE?
$1M ASSET SALE = .056 PPS with 17.8M O/S $5M ASSET SALE = .28 PPS !!!
NOW THE MOST IMPORTANT PART, THIS EXCERPT FROM THE ANNUAL REPORT...
in the last filed 10-K ...
"Upon liquidation, dissolution, or winding up of Covista, the holders of Common Stock are entitled to receive a pro rata share of all assets available for distribution to stockholders."
PR COMING ON DISTRIBUTION OF "PRO RATA SHARE OF ALL ASSETS AVAILABLE" ???
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