Friday, April 19, 2024 9:17:26 AM
It is in the best interests of the old owners of RSHN to show the RSHN shares owned and worth very little and not liquid, as well as thrm generating little income during this period. If the RSHN common position was valued in the 100s of thousands or more, the court and parties that brought legal action against the debtor could ask the court to force a sale of the securities to pay back their debts. Being at .0002 and the total value of common being under $50,000 with very little liquidity, it shows the courts and parties who filed lawsuits it is not a viable asset for liquidation to pay down what is owed. It is my opinion that the recent filing had to be documented for the courts to review what the debtor received in the sale for the voting rights preferred A shares in RSHN. Could be wrong...but sounds right based on speculation. Considering the proceedings are still ongoing. Doubt the ticker moves higher before 2025.
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