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Sujitta

06/14/17 12:47 PM

#34310 RE: Richie R #34309

They will merge a new company into the shell, reverse the heck out of the stock with the new owners getting the vast majority of the stock. They will raise money via typical toxic financing and it all starts again.

The current shareholders get wiped out in the reverse.
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TBlessed

06/14/17 2:28 PM

#34311 RE: Richie R #34309

Hmmm, no need to fight...hopefully we shall see soon.
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Cueva

06/14/17 4:21 PM

#34313 RE: Richie R #34309

A possible scenario is that the patents are sold outright to a deep pocket company that can market around the world and has contacts with gov't entities that make transportation legislation. Patent sell proceeds would be distribute in cash (or stock) to WM shareholders that own patents.

Selling to a new company without gov't contacts would be a 'kiss of death'. To market to gov'ts takes very deep pockets, lobbyist, marketing, etc. etc.