MNS magnis energy technologies ltd

Ann: Shareholder Update IM3NY, page-5

  1. 6,122 Posts.
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    Man, you play a limited liability shareholder by walking away from the trouble, no more commitment to pay any debt. The lender took over the asset as a result. They then sell it to whoever they wanted to. If they can sell it for more than the debt, you will get some left over. If not, you have nothing.
 
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