GREY:FASDF - Post by User
Comment by
lscfaon Jan 27, 2017 9:24am
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Post# 25762629
RE:Possible scenarios
RE:Possible scenariosIt's an asset sale so FAS continues as a co. with a big wad of cash....mgmt probably deciding if they
will wind down co. and pay out cash to shareholders or does FAS look for new business and take advantage of tax loss carryforwards.....
SuperMoney wrote: Given FatancyDraft has bought FAS (please see https://www.fantasyaces.com ), I think we may have three possible scenarios: 1. Our shareholders get cash payment from FantacyDraft based on the number of shares we own while all FAS shares will disappear from our accounts; 2. We get part of cash payment from FatancyDraft based on the number of shares and meanwhile we continue to trade FAS shares under FAS shell company; (3) FantacyDraft offers higher prices to acquire +51% common shares from our shareholders.
Any comments or any other possible scenario please. Thanks. Cheers.