GREY:BOPFF - Post by User
Comment by
JackieTreehornon Mar 26, 2014 10:30am
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RE:RE:RE:why consolidation
RE:RE:RE:why consolidationThe exchange does not 'force' any company to do this, nor to change their corporate structure. Fyi an incoporation and a ltd. company are the same structure.
They are doing what any company in this kind of a mess would do. They will try to sell, or try to raise $$$. Neither of which are easy in this marketplace. They seem to have addressed their burn rate, so they'll have cash to run ops for a little while longer, however unless something signifcant happens in the next 4-6 months, most likely will delcare bankruptcy, be de-listed and their remaining assets bought out in a liquidation sale.