InvestorsHub Logo
Followers 3
Posts 268
Boards Moderated 0
Alias Born 09/19/2013

Re: None

Sunday, 10/15/2017 10:50:05 PM

Sunday, October 15, 2017 10:50:05 PM

Post# of 15403
Dissolve ALTO, assets get disbursed. Suit necessary?

How can we get Nevada to dissolve Alto?

The company still shows up on sites like Bloomberg, with a recent date.

They might still be sitting on considerable funds gained from the sale of stock.

They might be drawing an annual salary from the funds so long as they remain incorporated.

Do shareholders have to file suit in Nevada to get them to dissolve a company and disburse the assets?

I am fairly certain that delisting is sufficient grounds to have a corporation dissolved, and Nevada shareholders aren't liable for company debts beyond the stock value going to zero.

Join InvestorsHub

Join the InvestorsHub Community

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.