CBA Florida Inc. (fka CBAI)

[Goodbuddy4863]

From Quarterly:

"CBAI presently anticipates it will distribute a portion of the sale proceeds to its shareholders beginning in 2019. However, no distribution has been declared by the Board of Directors. The initial distribution amount will be determined by CBAI’s board of directors and will be subject to such factors as taxes payable, operating expenses, indemnification obligations under the Purchase Agreement and other contingencies and estimates. Additional monies may be distributed over time based on cash available and the release of known and unknown liabilities. Given cash needed for the aforementioned expenses and contingencies, total proceeds paid out to shareholders are expected to be significantly less than the gross purchase price."