Post by
schocor on Jan 04, 2023 4:39pm
Who Gets Controls After Bankruptcy - Debt Holder
Little thought experiment for the clappers. Assuming this comapny cant raise equity money, what happen to the "assets".Well they would logically go to the largest debtholder; in this instance the CEO Thomas.
Shareholders NEED the CEO to raise 3-4M dollars......but the CEO already has a claim on 100% of the company's assets as its largest debt holder. If I was the CEO, I would take the assets for the $500k owed, and start a new company. He wont be able to raise money for Aston anyhow - hence the debt.
Nothing to clap about there clappers.
Comment by
Patrick2Linton on Jan 04, 2023 4:55pm
What happened to Goldy being engaged to do a bought deal with his clowns? That was a big deal at one point on this board. A whole inbox scam was being done around this. Very hard to take anything being bilged out onto this board by the pumpers. The market knows it is all BS and thats why it isnt responding. 0 volume most days = 0 interest. Gracias. Tik tok. Grinnnn. Cheers mate.