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 Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM