Replies to post #686 on Golden Mountain Financial Holdings Corp. (fka FNBC

[pick em low]

umm that doesn't mean the stockholders get anything, hancock just took the assets / business

[xManny23]

So what happens if we hold? Are we given the same amount of shares after the buyout from purchasing company?

[Att_for_life]

I saw those price targets...

In a few articles that are dated from today and yesterday...

Seems like a total disconnect, what's ur opinion

[Value_Investor]

That is not "Buy-Out" at all! It only means W-B acquire both major assets and major liabilities from FNBC and all the shareholders of FNBCQ would not get even a penny from the deal! The only beneficial party from that deal is W-B (not FNBC) and FNBC just gave out everything they own/owe.

Now FNBCQ has mere $6M Assets but $65M Huge Liabilities which means Very Negative Equity Value (-$3.07 per share BV). In this sense all the common shares are 100% Worthless now! However FNBCQ does own $359M Giant NOL which could be very valuable Giant Asset for an Huge profitable company since the later could use those Giant Losses to offset their Giant business Gains in order to save up to 35% Federal Tax...

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12061763

Anyway it is nice to see FNBCQ bounce 56.25% to the New high $0.05 so far! Also it did build a much higher New bottom $0.04 today! The low of yesterday was $0.032 which is a Double Bottom. Total 138,990 shares dumped at 0.032 ~ 0.0332 so far...