InvestorsHub Logo
Followers 63
Posts 6120
Boards Moderated 0
Alias Born 11/09/2009

Re: Jayman5000 post# 15457

Thursday, 11/24/2022 4:45:02 PM

Thursday, November 24, 2022 4:45:02 PM

Post# of 15774
« In the event notices reversing the redemption request for sufficient share are not received, the Company will be required to dissolve and liquidate. »

From my understanding after OTEC’s failed merger, the shareholders could have redeem their shares on October 28th and the combined business agreement with MJWL happened mid November, so we will see what will happen Tuesday about this but obviously to liquidate an empty shell seems like not to be the best choice for the OTEC shareholders…