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Re: Paullee post# 157

Thursday, 12/13/2018 10:27:32 AM

Thursday, December 13, 2018 10:27:32 AM

Post# of 353
My guess is that they won't do anything with this shell till early next year. At that time, the maximum statute of limitations will be up for anyone to be able to file any kind of lawsuit against the company. One of the other shells that couchman had was utilized 6 years and 2 months after inactivity.
If I were a large profitable company wanting to go public via this shell, I would want to make sure there are no liabilities (chances of getting sued, etc) whatsoever.

It's strange to see the selling lately. My only guess is that it could be the remaining mutual fund that owned 433,000 shares wanting to sell before end of year.

Couchman spent $250,000 to buy the 20% stake that he owns. I can't see him just letting this go. $150 million of NOL's makes MYRX extremely undervalued here imo.