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 and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM