2) One Year Anniversary of Sale of Assets to BIRCH COMMUNICATIONS 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? IS IT COMPLETE NOW?
$1M ASSET SALE = .056 PPS with 17.8M Shares Outstanding $5M ASSET SALE = .28 PPS
NOW THE MOST IMPORTANT PART, THIS EXCERPT FROM THE ANNUAL REPORT...
in the last available 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" ???
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.