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Re: Karmas post# 43902

Wednesday, 08/19/2015 11:43:22 AM

Wednesday, August 19, 2015 11:43:22 AM

Post# of 44235
I believe it is very positive for us. Roy hasn't been able to pay his employees. Now he gives them shares in the company. If the company was going bankrupt why would someone accept shares in lieu of a paycheck? The debt holders agreed to wipe out the debt owed for shares. If the company was going bankrupt why would the debt holders accept shares in lieu of being paid back?

I have no idea what kind of deal it is but the employees and the debt holders have to know what the dollar amount is to agree to accept shares. $ATTD
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