Wednesday, November 22, 2023 11:53:34 AM
Did You say “Bankruptcy?”
“ownership can be transferred in ‘bankruptcy’ proceedings. In certain bankruptcy scenarios, especially under Chapter 11 of the U.S. Bankruptcy Code (used for reorganization), the ownership structure of a company can undergo changes. This might involve the issuance of new equity to creditors or other parties involved in the restructuring process. In extreme cases, the company's assets may be sold, and the proceeds distributed to creditors, potentially resulting in a change of ownership. The specifics depend on the bankruptcy type, jurisdiction, and the terms of the restructuring plan approved by the court.” ~Your Mom {2023}
Maybe that Explains what’s happening here with $OPTI in {2023}?
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM