GREY:ARGEF - Post by User
Post by
Mininggeneralon Jun 24, 2019 12:46pm
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Post# 29856421
This is what will happen as in all bankrupt cases.
This is what will happen as in all bankrupt cases.Argex is in the hole either 5-6 million, so Mazen will probably offer 5-25 cents on the dollar to the creditors. I think majority will accept, either get something or nothing as in all bankrupt cases. Mazen will have to take out money to cover the creditors, which will wipe out all shareholders. The biggest key will Mazen pay out the creditors when the technology has never been proven after all these years?