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Wednesday, September 05, 2018 1:33:56 PM
Yes this is a fact about lawful proceedings but it can go either way. Only troubling thing is why?
Why would you spend resources going down a path of sure failure?
What is there to be gained if this ticker is dead already?
Now I get maybe management could just be stupid but this took some capital to achieve. Capital from a company that supposedly has none.
You don't have to be a investment savant to see nothing here adds up.
Does that mean they win the appeal, obviously not. But what it certainly can mean is the shares you hold here this company wanted to keep trading for a reason. Reason enough for going to all this trouble and expenditure. After decades around business you learn this effort is seldom put out unless there is value somewhere.
A final point, regardless of what happens here regarding the listing, if your a shareholder you still have legal rights those shares provide. It is definitely a huge "what if" play but I bought in for a right to see how this plays out.
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