What does the mean for the rest of the company? Is there any hope? The release said:
The Receivers were not appointed to any of BUD’s operating subsidiaries, as listed in Schedule 1 (“Subsidiaries”, and together with BUD, the “Group”), which are the primary operating entities within the Group. PFG has indicated it does not presently intend to take any enforcement action against the Subsidiaries.
Can there be any reinstatement for Buddy? I assume it's all worthless
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- e excited to share that Feit Electric has acquired the LIFX brand and platform
What does the mean for the rest of the company? Is there any...
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