AUL don’t seem to have any cash and with a merger comes dilution and then a capital raise to get things moving........
Also their market capitalisation is so small that with CTL’s debts, I cannot see anything for shareholders unless CTL creditors will have a majority in AUL and I cannot imagine AUL shareholders voting for that particularly when the creditors of CTL are possibly the culprits who destroyed the company ( CEO, employees, major shareholder) .
Who would want CTL creditors having any influence on AUL.
CTL Price at posting:
0.9¢ Sentiment: None Disclosure: Held
