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Alias Born | 12/01/2005 |
Tuesday, February 11, 2020 10:13:36 PM
Now it's a shell. Cheap, with no debt other than the preferred shares (and a receivable to boot), and you just do what management has done to preferred already, ie. don't pay them, or buy them for less than one penny on the dollar of unpaid debt. (current price) (So sue me?)
Then you RM it with a viable business model, and work on getting listed. As long as you get the preferred deal, your IPO is cheaper than most. Cannabis is overdone. Maybe they have a cure for Corona, or an electronic detector of the virus? Could be anything. $5000 is a drop in the bucket.
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