This is larger than inside anyones opinion.
Do I see news, no. Therefore, combining the latest notice to late filing, stated there would be significant differences between the last filing and the upcoming, accounts in complete for no recent news from the company.
This all makes sense to a business minded person. In fact it's law.
As far as the repossession tripe, at least the way explained, is actually called business. This is how we do things in the real world, outside of opinions.
For one thing, I can prove right here and now there was no 'repossession' at least how it has been extended to this community.
If BTZO has assets, which it does, it could very well have sold off assets if it were in real trouble. As in factory and equipment. Hello?
Instead, a loan was granted, not forced, granted, no it mater not by whom, if your in business, you need to have connections, no matter what those connections are, or who underwrites them.
This known, there is value in the assets, or no loan would have been granted. Hence, no repossession.
If said ~6 million dollar loan was granted to BTZO in bad faith, for the sole purpose of acquiring assets of BTZO rent free, who is at fault here? Who made the boo-boo? BTZO? Why, simply to extend the business a further ~12 months to reach the same goal? Makes no sense. As no one wins or gains anymore than they would have by initially filing suit on BTZO and dissolving the corporation.
Again, proving no such animal as a repossession.
Yet proving there is something here, something a team is working to achieve, the larger picture, more money. Find the groove, get in it and ride those tails that are doing the real thinking here, which are those directly involved.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.
