InvestorsHub Logo
Followers 5215
Posts 24018
Boards Moderated 5
Alias Born 09/20/2000

Re: None

Wednesday, 08/12/2020 1:00:48 PM

Wednesday, August 12, 2020 1:00:48 PM

Post# of 63377
Logic Why BRTXQ Common Shares Not Eliminated…

It looks like the judge is going to approve their Plan of Reorganization as the judge/court recently approved their Amended Disclosure Statement. If the judge had a problem with the reorganization plan, he would not have approved the Amended Disclosure Statement per BRTXQ below in my opinion:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157511559

Also, the Desmarais objection was overruled which was the only major thing that was standing in the way of the reorganization plan not getting approved in my opinion. It's very obvious that the judge clearly knows that the reorganization plan that Auctus has in place is far better than what Desmarais was bringing to the table.

The word Equity is synonymous with common shares or with common stock. The newly inserted language stated within the Amended BRTXQ Plan of Reorganization within the Pacer database within Court Docket #104 clearly states that the Equity interests will be allowed. Read below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157476039

Also, within the approved Amended Disclosure Statement by the judge/court, it was changed within the amendment to reflect that the Equity Interest now is authorized to vote for the reorganization plan to where such was originally not the case. It only makes sense that those with an Equity Interest are not going to vote themselves away to not exist. If the Equity (common shares) were going to get wiped out, they would not have been given the privilege of even having the option to vote for the reorganization plan in my opinion.

Clearly articulated in the post below courtesy of Showerbeers is more info that further leads me to believe that the equity (common shares) will remain intact:


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157313485
6.) BRTXQ's plan states that all equity holders will retain their equity (aka shares of common stock). No reverse splits, no issuing new stock that has to be traded for old stock. This is in part due to the fact that AUCTUS holds nearly $3 million in notes for BRTXQ, issuing new stock would wipe that money out. No one would want to see that happen, so this company has a HUGE investor fighting for it and the shareholders. This is in their plan, which is posted to their website under their Investors tab.


v/r
Sterling

Exit Strategy & Etiquette Thoughts for a Stock
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128822531
I never give investing advice; only my beliefs for risks in a stock.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BRTX News