Replies to post #23154 on Astika Holdings Inc (ASKH)

[DikFritz]

Yeah, I view it as a positive

[nsomniyak]

The market rarely reacts immediately to "clean up the balance sheet" transactions.

However, I find them powerful when talking about shell companies or other acquisition candidates.

A prospective acquirer (or r/m partner - same thing) doesn't give a shit about how many shares are out. That is not their problem. However, they DO/WOULD care about any debts owed in cash, as those WOULD be their problem.

[Involuntary-Recluse]

Holy Toledo, if MWR can drop a PR on us unsuspecting delusional speculators, Rayne can beat them 49ers come Sunday lol ;-)

Rod Serlings twilight zone lives ;-)

[Welcome2Pinkyland]

agree. $ASKH onward and upward $$

[Traderfan]

I honestly have no idea how the market will react to this tomorrow. Probably a yawn but who cares. Like Insomniac stated, if they were just going to let it die, why bother with the preferred share / bookkeeping housekeeping? They must think they are going to get something accomplished. They can still fook it up but at least the odds have improved that they won't.

Yeah I mean putting on any logical standard here, that's a clear sign that something is coming. Anything else would be shocking at this point in time.