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LIFX business has some value. hopefully re-listing May happen..

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hamish$invest

2,146 Posts.

141

14/04/22

08:02

Post #: 60845669
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Originally posted by Harmattom: ↑

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.

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LIFX business has some value. hopefully re-listing May happen..

BUD Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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