SAS 0.00% 1.6¢ sky and space company ltd

I have seen examples where a company goes completely bust, the...

  1. 596 Posts.
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    I have seen examples where a company goes completely bust, the administrators move in & all the intellectual property is sold off for like 2 cents in the $Dollar to another entity, and then this entity runs off with the intellectual property and continues the plan/business.
    And surprise surprise - the same people who were on the old board, end up on the board of the new entity.

    It all stinks........

 
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Currently unlisted public company.

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