BEEN DOWN this road before with you and you refuse to see LIQUIDATE does NOT ALWAYS INDICATE SELLING FOR CASH!!!!!!!
Liquidation
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"Winding-up" redirects here. For cognate expressions, see Wind-up.
For other uses, see Liquidation (disambiguation).
For the process of a solid literally becoming a liquid, see liquefaction.
Insolvency
Insolvency processes
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Liquidation is the process in law and business by which a company is brought to an end in the United Kingdom, Republic of Ireland and United States . The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry.[1]
Liquidation may either be compulsory (sometimes referred to as a creditors' liquidation following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a shareholders' liquidation, although some voluntary liquidations are controlled by the creditors).
The term "liquidation" is also sometimes used informally to describe a company seeking to divest of some of its assets. For instance, a retail chain may wish to close some of its stores. For efficiency's sake, it will often sell these at a discount to a company specializing in real estate liquidation instead of becoming involved in an area it may lack sufficient expertise in to operate with maximum profitability.
SOrry
OPEN your eyes sir they can sell for cash sell for shares SELL FOR a horse!!!!!!!!!!!!!!
Sorry but just becasue it is YOUR opinion DOES NOT make it RIGHT, it only makes it YOUR OPINION!!!!!!!!!!!!!!! But I honestly believe you already KNOW THIS, DON'T YOU?
WHY the CONtinued deception??????????????
You seem to be getting very frustrated here, why not take a rest
Choices were made in 2012 one either made the RIGHT ONES or the WRONG ONES!!!!!!!!!!!!!!This can't be changed now
AI
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