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trader59

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Re: youngster-moon post# 102447

Tuesday, 04/28/2020 12:47:09 PM

Tuesday, April 28, 2020 12:47:09 PM

Post# of 145124
Their bid was for $3.5, plus another possible $1M if they were able to sell stock in their company (GFive). The collection of AR carried a 15% management fee.

And, of course, they were bidding on the assets, not the company. Shareholders would still have lost 100% of their investment.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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