TEVE being sold, then dissolved? Letters received today very confusing. Now own shares of newly formed TVC, LLC a new wholly owned llc.
"Each holder of Common Stock received one Class B Unit in TVC in redemption of each share of Common stock held by such holder (the "Redemption").
As a result of these transactions, the Corporation has been dissolved and you now own your pro rata portion of the issued and outstanding Class B Membership Interests of TVC."
Only first letter, second letter says all assets of TVC will then be sold to Telvue Acquisition Corporation where "the Class B Members of TVC are not entitled to receive any distributions from TVC.
There is much more, but information can be obtained by emailing info@tvc-llc.com
The best penny play of 2018 is out there, and no it's not on the OTC.