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Wrong they were delisted not cancelled equity is still there
It goes to preferred stock then commons.. it’s a fact not a question. assuming all other creditors are paid and any other obligation of the company to a non-equity staleholder. This is why the buyout price would be so important. It’s called equity and is what stocks are created for.
Asset sale in place of a traditional acquisition is not the same court restructuring your describing. Sorry man. Common stock can still have equity in a company that is insolvent in liquidity but not insolvent regarding assets and liabilities. They preferred to be bought out in ccaa vs traditional methods to obtain more benefit for all stakeholders which includes common equity holders. Your claims expose your lack of basic equity and accounting principals..
https://www.mccarthy.ca/en/insights/articles/mergers-acquisitions-more-uncertain-world-using-companies-creditors-arrangement-act
Wrong. The value of the stock is assumed to be zero due to normal bankruptcy insolvency situations. But not necessarily zero value in a buyout if all other debts are readily paid. The leftover equity still belongs to shareholders by definition of shareholders. If they don’t issue new shares in exchange for debt and it is a cash buyout (what this ccaa arrangement looks like to me) then leftover equity is still owned by preferred and then common stock
That form 4 just lists the options price i thought. How can you tell if it executed? Not questioning it just trying to get all the facts as straight as possible and I could be wrong. BIOAQ. This is not a pump and dump and I want to make sure people see all angles. BIOAQ
CEO has an option to buy stock
Agree 100%.
With all due respect how do you know what this plant is worth to these bidders?
I was replying to that joker saying if the winning bidder is public. Whooo things are getting heated lol! BIOAQ
Call it what you want. The plant will still be operating. It’s technical an asset sale.
If it’s a public company maybe but the equity cannot just be lost. So expect compensation for leftover equity as the commons still do have equity after other obligations are satisfied.
What do you mean when’s the merger? We are in this for an asset acquisition. Not a merger..
Not if this is an acquisition. If acquisition the shareholders have the right to all left over equity. That’s why we have been explaining the math over and over and over
Market has no idea what it will be and that would be a steal so no way
For real dude? Do some DD
Just hold tight lol. It won’t matter soon enough man
Type it up because it’s gonna happen Star Wars
It really has nothing to do with it “running” to dollarland like some otc stocks try to tout to lure people in with. It comes down to math and how much big business wants this plant. That will determine whether this remaining equity is worth $1 per share. Not ihub and otc hype.
If the buyout price is greater than all debt and obligations by more than 8 million the share price value will also increase by that proportion. Ie if buyout price is 160 million ( low estimate imo) that makes this a ten bagger based on those debt numbers.
Updates trickle out today ah?
That’s right lol
I’ve been slapping to today
Last push down attempt. Bioa loves Thursday afternoons and fridays <3
It’s perfectly reasonable that UTOP does not need the physical inventory of the phones on their balance sheets. They could have negotiated contracts with the manufactures and distribution network and serve as the software developers and factory to consumer liaison. So people complaining about them not having the actual phones stacked up in some warehouse need a 2018 reality check.
Yes that is it in a nutshell and endless further potential going on here. Still adding all the dips since .018. It’s over 50% of my portfolio at this point but I’m that confident here.
What’s your obsession with .067??means nothing just a low
Eod run into the real movements
Why spread made up stuff with no DD. Good way to get yourself into trouble with sec
Volume is spot on as well as % it’s just rounding to .07 it’s up to date
Neither would I but this has been a different play/strategy for me.
They did this four separate occasions this month. The DD has always prevailed..
That’s a difficult game to play my friend hindsight is 20/20 but to execute the highs and lows in a stock like bioaq that is generally trending much higher is a good way to be left with nothing
I’m thinking brilliant. Nice entry here
It’s like people see some red and sound off the alarms. Rediculous
And that is a gap that will never fill.
Imo there’s like a 99.9% chance this goes back to and over .088s. Bought more
You’re exactly right. Buying more of these new bases
For reals what’s the delay on updates
Man oh man talk about a healthy stable climb this has had. And it’s only the beginning of this story
These are still incredibly cheap shares imo