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Bullboard - Stock Discussion Forum Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.

GREY:MRRCF - Post Discussion

Wayland Group Corp > What will happen to existing shares
View:
Post by nbcdnnb on Apr 22, 2020 4:49pm

What will happen to existing shares

Would the new buyer relist the stock for trading or will payout the existing shareholders?
Comment by Lazer65 on Apr 22, 2020 5:16pm
Wayland is bankrupt. The deal is to facilitate keeping the employees going and the crop alive while someone new takes over and pays slightly more than they'd get in bankruptcy proceedings. The reasoning is that a traditional bankruptcy would kill the crop and devalue the components even more. The deal is being made so someone can take over the facilities and keep it going without also taking ...more  
Comment by Uhmmmmmmmm on Apr 24, 2020 10:01am
So is this stock just going to disappear from our portfolio? What a load of poop. Anybody find that Ben guy? Dude should be rotting in jail.
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