Kel Varsen Wednesday, 08/21/19 06:30:07 PM Re: Favorable1 post# 2727 Post # of 2755 "What happens if a company wants to buy 5barz as a private company?" This is not even worth considering, of course, but subject to various restrictions and necessary dislosures, someone could buy shares now. Obviously, they'd be unlikely to pay very much. They wouldn't have to buy the whole company, but could possibly gain a controlling interest. It becomes a much more difficult transaction as a private company (i.e. contract lawyers instead of SEC "rules"). Losing their registration devalued the company, as there can be value as a shell, minus any liabilities. Presumably, they took an honest look at their balance sheet and responded accordingly. "Do we as shareholders still receive the proceeds?" Sure, if you manage to sell your shares. LMK! "If a company bought Barz, that money for my shares would show up in my brokerage acct?" No, unless your broker was somehow involved in the sale of your shares, which wouldn't be typical. "Will my shares continue to show up in my brokerage account until something happens with Barz? ... Even though Barz is now a private company?" Probably not for long. They're outside the purview of BDs at this point, so they should disappear from your statement. If you're lucky, they'll send you an explanation. "Is there still roughly 550 million shares outstanding?" Last I was able to see, yes, but as a private company, they can more or less do as they please behind closed doors. Kind of like when they were public, but you know, different.