AgFeed Industries Inc. (fka FEEDQ)

[wall_street61]

Holty, you may want to do a bit more research than listening to that person. He has been proven wrong so many times.

Anyways, I have done a bit more research myself. And what you all are not getting is that there will be "NO" repatriation of the funds necessary at all. The company was not bought by the Chinese or anyone else. Only the stock in BVI, which when sold will not have to be repatriated back in. No moneys paid for taxes, will eliminate most likely months of time and money too.

If the company and assets were being sold, then yes, much of what you or some of you are saying would be true. But in this case, nope. It's a "stock" sale and it's as simple as that.

That is why this will go much faster than some here are saying. And I think they know why they are saying it, to scare some out of their shares.

Bottom line, the "stock" sale will take place, the funds will go into an acct, the leftover creditors if any will get paid, most likely the class action will go away or be negotiated away no where near what some are wanting, and then the rest will go directly to the shareholders of the "stock" that was sold. Again, no taxes, no long timelines saving a ton of money in fees, no payments to the China government or paying people off.

I think I will be much closer to the truth than others posting here. Ignore one in particular, he's a master at legal bluff.

I'll leave this up for a good giggle later. There is a group of folks that must be eternally optimistic, or they want to pump to get out. Either way, no one, including our ever-so-lost Equity Committee counsel, knows enough information to nail down an exact number.