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dalesio_98

07/02/23 1:10 AM

#134442 RE: biowin #134441

Liquidation or restructuring bid ... result liquidation for $4.3 million.

"Liquidation of the company's assets will most certainly result in no residual value for non-secured creditors and equity investors".

Dated Aug. 9, 2018, board members resigned at the end of August 2018, n'est-ce pas.
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toncatmad

07/02/23 1:26 AM

#134444 RE: biowin #134441

Man is that really the evidence to a recap LMFAO!!
Nowhere in either of those does it even hint at a recap or share purchase.
I know why because it never happened and was never going to happen. Why would LCYB spend $60 plus million paying off all the debt when all they had to do was pay $4.34 mil and they got it all anyway LOL!! There is no value in the debt ridden corp or the worthless shares.
LCYB already has all the value with all the assets lol.
That corp and those shares are worth less than toilet paper. Might as well put them in the bathroom incase there is a tp shortage lol