RE:RepliCel Life signs LOI with CEO for asset purchaseInteresiting. Not sure how this works if the shares are delisted.
Following this shareholders get between 3% and 8% of any profits from sale of the four assets.
Likely 2 to 3 years out from now! Also there is the word profit? If the assets are given away, is ant purchase revenue profit or is marketing cost deducted from that. Basically Andrew will try to sell what is left and take 92% of whatever he can get???
Wonder what the value of the company as a shell with new venture vended in would be.?
Why not sell th assets , have new people use the shell and have current shareholders get their percentage - ie 2 paths. Now basically just a hope that something can be salvaged, Hope that there is not an asset sale to sheiseido??
GLTA
VGLTA!!!