CSE:CHAL - Post Discussion
Post by
TheCanadianDude on Oct 21, 2022 12:50am
Insider Manipulator admits to private takeover to pay debt
HERE IS PUMPER post on ST0CKHOUSE. READ IT AND YOU DECIDE. DOES NOT LOOK GOOD for investors. TheRealCanaDude (Stockhouse) User Actions October 20, 2022 - 12:08 PM Post# 35036567
RE:NEW DEBT IS NOT AN OPTION IN A DEBT BURDENED COMPANY
If the price is right why not entertain a private take over? ......................... What Happens to Shares When a Company Goes Private liker what the pumpere is forecasting here & on Stockhouse?
When a publicly traded company becomes a privately held company, in this case, the public company's shares are used to pay the "matured" debt by the debtholders taking over the company. The company is delisted from the stock exchange where its shares formerly traded. Shares now can no longer be traded publicly hence share holders equity will be Z E R O
Be the first to comment on this post