I'm not so sure they could do it that way algol. Normally asset(s)/value is set aside to compensate Preferred shareholders if they have preference in liquidation rights.
Even if it were a "spin-out," that would have had to occur before dissolution and either common shareholders given divvy shares or Ameri Energy would have had to give value back to AAPU to allow for the spin-out.
I think winding up actions are still ongoing within AAPU-- that's a gut feel.
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