it appears your stages of gried processing is still resoding somewhere innthe i dont believe this has happened phase as to think there is any life left in bud is dilusional.
to think any contracts in the pipeline will now eventuate . . dilusional
to think inventory will be sold at expected value . . dilusional
to give the business a value of 40m . . ummm where is that coming from?
the secured creditora will want to exteact their money from the appaling loans that dave created . . they will steip every cent and some and shareholders will be left with nothing.
anyone on the other side of bud . . distributors, manufactirers, debtors . . they are now all.looking at 'receivers appointed' in bold.letters painted above the front door. any negotiating power bud did have, which was minimal, has eroded even further.
bud is dead . . just a matter of process of receivers securing cash for secured creditors . . what will be left will be worthless.
BUD Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
