Replies to post #2722 on AgFeed Industries Inc. (fka FEEDQ)

[discopablo]

Humour me a while Wall Street. What do you see as the final value of these shares?

Would you advise selling now or holding on?

Cheers.

[mrholty]

If repatriation comes into play for the BVI assets, which I don't discount as not being a problem, there may be an approximate 35% reduction in proceeds from the sales as a tax liability. I seriously doubt you see a plan before tax liabilities/IRS claims are dealt with, along with the SEC, and the class action.

Thanks. I completely forgot about this and this makes sense. Normally with microcaps you don't have these issues as there is no cross border issues.

I'm happy to know that I wasn't crazy in the additional council + the FA. It just stinks to me.

I'm struggling to figure out a range for the risk of the Wells notice and class action. While old shareholders may be happy about it, current shareholders who want to maximize whatever recovery there could be should want these to go away even if justice isn't served.