"The Uniform Commercial Code (UCC) financing statements record and protect a secured party's interest in the collateral offered by a debtor for a loan. The UCC system gives public notice of the debtor-secured party relationship and the collateral involved. "
so .. someone owes CVSU $300M and the huge $300M UCC asset is really just an IOU for a loan?
on top of that, we have the VEZD bond with a B2 ranking and no transactions since march.
i honestly think the stock will spike -- but this all seems very.. universal express-ish..
kinda shady.
keep in mind -- hardly any cash, and no income. if you're to be balanced and focus on their assets (which i debate may or may not be of any value) - you need to focus on their cash flow too .. which is zero.
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.