Ilene, Professor, Opti... Any of you has an answer to this:
Questions: Could the judge decide to impose conditions that Wanxiang 1- pays off the remainder of the debt? 2- gets the whole company (minus the Military contracts) and not just the assets in order to keep the name/brand + the shares still trading to preserve shareholders?
It would be to Wanxiang's advantage to acquire a company that is publicly traded... especially if they manage to make the stocks valuable again. Would it not?
I WAS 100% CORRECT HERE. YOUR STATEMENT FORESHADOWED WHAT WAS TO COME -- YOU SHOULD'VE BEEN MORE DIRECT. IF I ONLY READ THIS BEFORE FRIDAY I WOULD HAVE DROP THIS DEAD BIRD AND RAN. I STAND BY MY STATEMENT 100%...