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trader59

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Re: Lucky77Dice post# 108878

Friday, 10/02/2020 12:51:23 PM

Friday, October 02, 2020 12:51:23 PM

Post# of 146684
A qualified bidder had the option to purchase the business as a going concern and have the existing stock cancelled if they were going to recapitalize by selling new stock. They also had the option to bid on only the assets of the company, that's what all the bidders did, and that's the sale that closed.

That's what the bid solicitation material said.

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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