Well they have removed all the assets and will be left with convertible debt and Pref C left. The next balance sheet is going to look like shit.
Anywho, I guess they were lying when they said the Holdco units used in transaction, buying all of the assets of the company, was to give shareholders “exposure” to those assets.
I guess they lied. LOL.
You are flailing around trying to rationalize the sorry state of the pos company.