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LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)

Bullboard - Stock Discussion Forum Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

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Comment by LeftBookon Jul 01, 2019 4:36pm

RE:RE:RE:RE:RE:RE:15 million sale of assets coming

It is entirely possible that some group based their bid on what is owed to secured and unsecured creditors and decided that a lowball $15M bid was worth the effort in case no one else showed up to bid ...more

Discussion

Comment by damianchosenoneon Jun 30, 2019 5:34pm

RE:RE:RE:RE:RE:15 million sale of assets coming

I think it will be worth over 100 million in the future. George told me he thinks it's easily worth between 30 and 50 million Us. Bidders will not look at sheets and numbers to make a bid. They ...more

Discussion

Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions

posted Nov 21, 2024 9:00am by LQWD Technologies Corp.

Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more

Comment by LeftBookon Jun 30, 2019 2:16pm

RE:RE:RE:RE:15 million sale of assets coming

Damian, if I understood your posts properly you believe that the real value or intrinsic value of RCG is north of $50M but you think it will take a 35M haircut and the whole thing will sell for ...more

Discussion

Comment by LeftBookon Jun 30, 2019 9:48am

RE:RE:RE:15 million sale of assets coming

Everyone is expecting a haircut but no one knows is willing/able to say what it is really worth. If the balance sheet says the assets are $30M. And the intrinsic value is $40M And there is a $10M ...more

Discussion

Comment by LeftBookon Jun 30, 2019 8:41am

RE:RE:15 million sale of assets coming

$18.2M was invested between June 2016 and June 2018 at 14c Eric Sprott's $4m plus investment is similar at 15c George Young's $195,000 stake is also similar at 13c ...more

Discussion

Comment by LeftBookon Jun 30, 2019 6:20am

RE:15 million sale of assets coming

Is there any indication that there will be asset sale ? pwc's sale proces is very broad from asset sale, to investment, to merger/acquistion. Any idea about George Young's bid ? Leigh gave ...more

Discussion

Post by damianchosenoneon Jun 29, 2019 6:38pm

15 million sale of assets coming

That's my call! PwC did a poor job of promoting and advertising..they charged groups a hefty deposit before they went an even looked at the projects. That obviously eliminated groups that were too ...more

Discussion

Comment by LeftBookon Jun 29, 2019 4:35pm

RE:RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

ultimately it just a story of a buyer exercising the tax credits based on a pretend taxes versus RCG using the tax credits during pretend production

Discussion

Comment by damianchosenoneon Jun 29, 2019 4:33pm

RE:RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

I believe rcg sells for 15 to 16 million total. 10 million to sprott, 2.2 to Cra and the rest to unsecured creditors. Spoke to a few of them and they think they will get 30 to 40 cents on the dollar ...more

Discussion

Comment by LeftBookon Jun 29, 2019 4:16pm

RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

The balance sheet provides a quick and dirty estimate of the value of the company. balance sheet assets - liabilities = shareholder equity A better estimate of the ...more

Discussion

Comment by LeftBookon Jun 29, 2019 4:15pm

RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

Thanks for the question. My post was not clear. My scenario was a cash buy out that valued the company at $41.6. $20.8 went to the creditors. $20.8 went to Sprott and the other ...more

Discussion

Comment by damianchosenoneon Jun 29, 2019 10:21am

RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

If the buyer pays off the 20.8m to the creditors and then keeps the company, how do sprott and the shareholders get 20.8 million? Aren't the tax credits used up and paid for the creditors debt?

Discussion

Comment by LeftBookon Jun 29, 2019 7:19am

RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

I guess George's group didn't have the cash for such a move.

Discussion

Comment by LeftBookon Jun 29, 2019 6:18am

RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

gets bought for 20.8 tax credits + 20.8 cash to liabilities = $41.6M mining assets for free Assumes buyer has $20.8M of taxes to pay and has $20.8 cash to pay them. The buyer acquires the tax ...more

Discussion

Comment by damianchosenoneon Jun 28, 2019 2:20pm

RE:RE:RE:*RCG. $1400 PLUS GOLD)

Haha! Then you are going to feel very good without RCG soon!

Discussion

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RE:RE:RE:RE:RE:RE:15 million sale of assets coming

RE:RE:RE:RE:RE:15 million sale of assets coming

Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions

RE:RE:RE:RE:15 million sale of assets coming

RE:RE:RE:15 million sale of assets coming

RE:RE:15 million sale of assets coming

RE:15 million sale of assets coming

15 million sale of assets coming

RE:RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:RE:*RCG. $1400 PLUS GOLD)

RE:RE:RE:*RCG. $1400 PLUS GOLD)

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