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Re: magnus_invest post# 126282

Thursday, 08/20/2020 1:55:28 PM

Thursday, August 20, 2020 1:55:28 PM

Post# of 200690
The only way they could do that is through bankruptcy or dissolution of the corporation. In both cases, debt is resolved by cashing in what is owned, and passing off any surplus to shareholders. I don't believe that convertible shares and warrants come into play in BK, but are valued in a dissolution. Figure out the unencumbered assets and cash/receivables in both and your numbers should be 0 in each case. Can't go below 0, as nothing is owed after completion of each process.

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