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20.0¢ osprey medical inc

We will see what happens later .

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Ben201

1,199 Posts.

57

21/10/22

18:53

Post #: 64328810
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Originally posted by gazza01: ↑

Whoever buys it won't pay much as they would have to accept the liabilities for creditors as well as employee back wages and redundancy payments, if applicable, and funding ongoing operations until profitable. So $100 a share plus taking on liabilities is probably about right.

I wouldn't be surprised if Mike will be insisting that he be paid out any salary owed/owing as well as any golden handshake monies to get rid of him (new owners won't want to fund his ridiculously high 600k salary going forward).

Another problem is that deal making has virtually frozen at the moment. Can you let us know what ends up happening as interested to find out eventually....

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We will see what happens later .

OSP Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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