No.... there are no silver linings for minority shareholders.
Robert Roche could have chosen to dissolve the operating rVue, inc. entities but instead he chose to leave those active and dissolve the corporate public shell. If he would have left the corporate shell active, there could have been an opportunity for another entity at some point in the future to use the shell as a vehicle going public.
Instead he chose as majority shareholder to dissolve the holding company and cancel all public equity. He chose to wipe away all value of minority common stock holders. I really did not believe he was going to do that, given his shareholder activity in his other public entity Acorn ATV.
Companies fail all the time, and corporate shells can sometimes be left for re-use. He chose to take RVUE's assets, in exchange for and elimination of the sole debt he owned of the corporation. Just the value of a clean corporate shell, can potentially be upward of $500K, but now his minority shareholders will never get an opportunity to recover any value.
Dick move really.
