Replies to post #10874 on Soupman Inc. (fka SOUPQ)

[Dmunz]

Let's be honest here

You haven't done much DD about this particular scenario huh?

Let's be honest here also
Do you think hedge funds are ok with just throwing away a couple of million?

Esp considering they have a perfect opportunity to make a killing?

You're right they don't care about the little guys. But they have the same shares as the little guys so we're in the same boat in that aspect.

[QUANTUM314]

"If companies cared, the following companies would have cared and not wiped out commons."
-Sunedison
-Arch Coal
-Halcon Resources
-Line Energy
etc etc etc

The point of transferring assets in a bankruptcy is to avoid creditors. The companies you listed all had significant debts. SOUPQ creditors were paid in full. Now there is absolutely no reason to transfer assets to a private company at this point. By doing this they would wipe out all of their shares and gain nothing.