Wuhan General Group Inc (WUHN)

[Cash1972]

You suppose that the buyer is the counterpart before the trial. If so Jeff is more stupid than I think. Jeff wanna money, as always, so can let the company. Assets > Liabilities, but there are few millions of losses. Also the losses for the buyer have a value. They use them to compensate the future earnings. The debts appears to be not so heavy. But we don' t know the terms of revers mergers.

When You sell a company You want the book value / fair value, not the market value expressed by the outstanding share.

You should have more info, like a business plan then if You can resist, if You don' t need money, You can wait for a brighter future that surely will arrive. Hey WHUN starts from the super deeper deep cheap of the year.

How can be more bad than this.

As always hope for Yor better !