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Re: Neverhadawinner post# 2815

Thursday, 01/23/2020 5:28:16 PM

Thursday, January 23, 2020 5:28:16 PM

Post# of 3176

Given the exercise of options in December, I believe management had the votes to pass.


Managements shares were not enough since Mr. Adams abstained from voting.

[...] EKIMAS Corporation that resides in Turkey. The old ASNB stockholders will get is an unknown number of new EKIMAS shares at an UNKNOWN price traded on the OTCBB.


I already tried to find some information about EKIMAS myself, but was not successful. Unfortunately I know nothing about what will happen to the company after the renaming.

So what is the final payoff for old ASNB shares? I suggested in the past the total payoff could be has high a $1.25 given the level of existing tax credits and operating losses.


I would really like that, but I am not experienced in reverse mergers.
My guess for the shell with a clean/empty balance sheet would be a few cents.

Now we wait. Have a great weekend. Enjoy the IMPEACHMENT SHOW!!!!


Thanks, you too!
Impeachment is fun, even from a distance of more than 4000 miles.