I'm no expert on this matter. I can tell you that a company Douugh, bought a company called ziptel, ziptel was basically bust. Douugh bought it as a short cut to be ASX listed quickly. The people who had shares in ziptel were given shares in Douugh and the ziptel shares became nothing. So if the business is sold, we as shareholders could be compensated that way. However All bills will be paid from the proceeds of the sale first... If the company gets liquidated, the assets and the gold tenement is sold, we as share holders could be compensated with any funds that are left after the bills, and liquidaters are paid. Like I said I'm no expert, but will happily stand corrected if I'm wrong. Hopefully someone who knows more about this can enlighten us. Or we get nothing.
VEC Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held