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Bullboard - Stock Discussion Forum Forterra Environmental Corp FEVCF

GREY:FEVCF - Post Discussion

Forterra Environmental Corp > A Game of "What If?"
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Post by chainmailguy on Jun 16, 2010 11:22am

A Game of "What If?"

A quick back-of-envelope calculation shows that 51% ownership can be had for only $178,500. An investor with more savvy than me might purchase a majority stake, sell off the assets, pay himself a handsome management fee and declare bankruptcy.
Comment by billygoatscruff on Jun 16, 2010 1:56pm
Are yo nuts?.....lets continue the game of "what if"..So, you buy 50%+1 of the shares in the secondary market.  Now you:- own half of the 1.3 million in liabilities- your investment is not facing litigation risk from all of the individuals that were advised by the Officers of the inspiring performance to comeThe best part is....if you do sell off all of the assets (in order to steal ...more  
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