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Andover Mining Corp. V.AOX

A precious and base metal exploration company


TSXV:AOX - Post by User

Post by rraggon Jun 19, 2014 12:48pm
251 Views
Post# 22675851

asset sales

asset salesNo expert here.
Personal bankruptcy can take a couple months for a simple case.  My daughter filed, she had no assets and probably 10 creditors.  From start to finish, it took 2 months.
This is a company with a large number of assets of various types and locations.  They also have joint ventures.  No one will be buying them without doing major invetigations into their assets.  I would be surprised if they were able to do an audit within a 6-9 month period. 
This won't be finished for quite some time.  A year or more?
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