Xchange:
I'm afraid it's the former. The VCR shares are now worthless; it's a loss incurred by investors. Not sure if the proceeds from the sale of assets will be enough to cover what is owed to the creditors, let alone pay the shareholders. Even bowtie will have to write off most of his golden parachute: $3000 instead of one year salary ($650k) plus performannce rights due to change in control...
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ventracor limited
rather kill the baby than share custody?, page-7
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