OTCPK:ARLZQ - Post by User
Comment by
rxq1212on Dec 03, 2018 11:39pm
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Post# 29058702
RE:Nuvo Pharmaceuticals™ Declared Winning Bidder to Acquire ARZ
RE:Nuvo Pharmaceuticals™ Declared Winning Bidder to Acquire ARZAt least mean the sale of the 2 major brands is going..1 down/ waiting for the other one..cant remenber but think both were in the order of $240M usd...checking with the lawyer/monitor said the liquidation process will continue for a few months...so all can do i wait and hope they are able to sell all...there is $280M usd in creditors ahead of stockholders per a report from the monitor...unsure how much was in Cash before in liquidation but if you find the cash + sales minus the debt and divided by the # shares will tell you high level where is going to land..i asked the.lawyer/ monitor.."no comment"...