Hi Jay, if your thoughts are correct do you think price will skyrocket in the EM or do you think us retailers will have a chance to get some relatively cheap shares once back to OTC or NASDAQ. I took a significant loss but at current prices would de willing to take another shot.
Jay, when a company merges the merged company's debt must be resolved or absorbed by the company they are merged into. Currently Baudax has $21,781,000 worth of liabilities that would need to be resolved or absorbed. This is why I doubt the merger will happen outside of some massive approval deal, post bankruptcy proceeding, or the sale of a patent.
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