GREY:CHALF - Post by User
Post by
markgreenon Oct 24, 2022 1:42pm
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Post# 35044262
INSIDER TheRealConDude SAYS PRIVATE TAKEOVER TO PAY DEBT
INSIDER TheRealConDude SAYS PRIVATE TAKEOVER TO PAY DEBT HERE IS PUMPER post on ST0CKHOUSE. READ IT AND YOU DECIDE. DOES NOT LOOK GOOD
TheRealCanaDude (Stockhouse)
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October 20, 2022 - 12:08 PM
Post# 35036567
RE:NEW DEBT IS NOT AN OPTION IN A DEBT BURDENED COMPANY
If the price is right why not entertain any private takeover? .........................
BUT, What will Happen If Public Company is TAKEN OVER to PRIVATE?
What Happens to Shares When a Company Goes Private like what the pumper is forecasting here?
When a publicly traded company becomes a privately held company, in this case, the public company's shares are used to pay the "matured" debt by the debtholders taking over the company. The company is delisted from the stock exchange where its shares formerly traded. Shares now can no longer be traded publicly hence share holders equity will be Z E R O