GREY:ARGEF - Post by User
Comment by
Astrosmithon Jun 24, 2019 1:40pm
99 Views
Post# 29856758
RE:RE:RE:This is what will happen as in all bankrupt cases.
RE:RE:RE:This is what will happen as in all bankrupt cases. That was the China deal. Commercial financing is in that arrangement.
There has been no revenue streams to tap yet. Not unusual for a non-producing company.
China may very well be part of this buyout, if a buyout is planned. In which case we will get a shareholder vote on terms.
People still are assuming this is a bankruptcy filing. We need to see the proposal. Bankruptcy and restructuing are not equal.
We do not have (or at least no one has shared) any information that fill the gaps here. We need to await the restructuring proposal.
My guess they will offer us the 30 day price (0.03) and we will take it lol. The total RGX acquisition price inlcuding debt would only be 15 million. A steal anyway you look at it, and that includes a proper legal buyout.
BUT WE ARE GUESSING :)