Post by
atika on Nov 02, 2018 10:39am
Plan B...There is no Plan B !
Well, Manakai, Desperado and friends are doing a good job to promote a NO vote on the deal with Terranueva. Let's suppose they win...
1. Because Axe has no asset, but 400,000.$ after the payment of all legal expenses incurred with the cancellation of the deal - this is my well informed guess;
2. David McDonald will be paid as long as there is money in the bank, unless the board ask for his immediate resignation because he failed with his strategy;
3. In that case, he leaves the company with 361,000.$
4. Because there is virtually no money in the company, our investment in Axe will soon be reduced to zero;
This is not science fiction; this is the true reality of facts and numbers. Should we vote YES or NO ?