That is not actually true. On several points. If you are going for a loan, banks will take your current asset value into consideration. if you are making a huge paper loss the chances of approval evaporate even more so.
in addition, if the company is wound up, you don't sell at all you lose everything.
I have my fingers crossed for tomorrow so that some of the heat settles. And calmness returns somewhat.
GMV Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held