OTCPK:CUUHF - Post by User
Comment by
MageMysticon Aug 04, 2020 12:19am
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Post# 31359447
RE:RE:RE:RE:RE:So you guys are getting .02 a share for the take over
RE:RE:RE:RE:RE:So you guys are getting .02 a share for the take overSo If the individual share holders voted down the merger, LeMay would not get his 4.6 Million change in Ownership payout. Common shareholders would take that 4.6 million plus all other board and senior exec buyouts instead of the 4.1 offered with the sale. The Trustee / Reciever wouls sell off all assests, and be split David Lemays 4.6, plus cash in excess of debts attributable to the sale of CANEM and other assets. I say DO THIS NOW, why wait for september?
Someone smarter than myself at corporate finace tell me if i am way off base, i promise i will not be butt hurt if someone take 3 minutes to type a reply and thinks I am way wrong.
Thanks,
Mage