Followers | 3 |
Posts | 268 |
Boards Moderated | 0 |
Alias Born | 09/19/2013 |
Tuesday, October 17, 2017 7:56:06 PM
They sold a lotta stock!
What if the directors of some company just like this one met once a year and maintained a Facebook page just to say they're a company, and drew a salary for it?
Why would they continue if they didn't have any assets left over from stock sales, or their operations with the Beijing Olympics ?
Bloomberg still lists the company as of this year.
If the wine importation to China has failed so far, why not pack it in and call it quits unless there's a reason to remain incorporated?
If a California corporation is dissolved, the value of the assets is distributed to the shareholders after the debts are paid off.
If there's more debt than assets, the shareholders are only liable for the amount of debt up to what they would have gotten from the sale of the assets.
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM