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Post# of 14102
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Mikefbi

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Mikefbi

Re: the_hoard post# 11659

Saturday, 06/12/2021 1:50:25 PM

Saturday, June 12, 2021 1:50:25 PM

Post# of 14102
Shareholders has no voting rights
Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
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