Now tell me if you were Eddie Lambert and the following numbers represent your companies platform, would you cancel commons shares?
Remember, are no preferred shares issued or outstanding. There is no way to tell what the company has that is actually undervalued and unknown, BUT in my view, you can bet in a company as big as SHLDQ, there are undervalued assets.
Now let me just add one HUGE asset that people do not know about and/or speak very little about, BUT in order to use, the share-structure MUST remain in place.
Those assets are called TAX ATTRIBUTES and/or Net Operating Losses (NOLs) and at present would show no value.
• Authorized Shares = 500,000,000
• Outstanding Shares = 108,992,750
• Insider Ownership is 70 Plus Percent
• SHLDQ and Amazon Already Have a Partnership