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Old API Wind-down Ltd - Ordinary Shares ARLZQ

Healthcare Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic
"Old API Wind-down Ltd, formerly Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in the acquisition, development, and commercialization of products primarily in cardiovascular, pain management and other specialty areas. Its key products include Fiorinal, Proferrin, Fibricor, Uracyst and Neovisc, Cambia and other marketed products. The company currently operates in two geographical markets, the United States and Canada. The firm generates most of its reven


OTCPK:ARLZQ - Post by User

Old API Wind-down Ltd - Ordinary Shares > Hault
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Comment by rxq1212on Oct 03, 2018 7:23pm
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Post# 28741412

RE:Hault

RE:HaultWent...under, looks like was bleeding cash...there is a monitor/lawyer looking after the bankruptcy process...extended until mid Nov i think..trying to sell all assets..once done, there will be a distribution based on priority - secured lenders first...private investors are not considered "secured"..ie..whatever is left after will be allocated among creditors & stakeholders...looking at the B/S..my guess nothing...got burn because i was greedy..should have sold it a week before went under when price went up...oh well..sometimes you win, sometimes you lose...good luck !
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