Totally disagree with that statement. A public company that receives $220 million is worth many multiples of cash value because it is a real amount of cash to even a NYSE company. Therefore, they may be willing to buy out the entire company for stock at multiples of the cash value. You are also forgetting that they also have the option to enforce the specific performance part of the judgment and take the company in addition to the $200 million plus. If they collect, this will be the craziest story maybe in the history of penny stocks.
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