InvestorsHub Logo

altruism

07/20/18 12:40 PM

#1928 RE: LiquidPorsche #1927

Yes I saw they had 1 - 10 million in assets...didn't see that it was in cash...great.

altruism

07/23/18 11:27 PM

#1936 RE: LiquidPorsche #1927

As of June 2015
Cash and cash equivalents $ 12,138,859
https://www.sec.gov/Archives/edgar/data/1562594/000114420415068834/v426000_ex99-1.htm
Very possible to still have cash assets as they still had 12 million as they were about to begin winding down...

Volume spike in late June 2018 to me seems as though someone might know what value Microsoft's presence has here... it seems reasonable to assume they are here to acquire the companies software... if they were to pay some sort of fair market price it might fall between $3 and $20 million maybe more...

If what they had on the books in cash equaled their liabilities then that is a wash and the share price up till recently reflected this... however share price recently has been moving... chapter 7 as I understand shareholders are last to be paid if anything is left over... I think MSFT is gonna bring us a nice gift...

the software if valued at $3 million on the low side/ 60 million O/S might give us .05 a share ... 10 x our sp

If they were to value it at $20 million on the high side/ 60 million O/S
might give us approximately .33 a share

and my dream $60 million/ 60 million O/S $$$1.00

Never know TDAmeritrades thinkswim has been around for years with only minor changes occasionally.... just thinking their platform might still be viable....

glta $LIQDQ