Why would I offer someone (who is convinced the company is dead) more than a penny on the dollar? The ATO is their problem, not mine. Their capital loss is their problem, not mine. A deal like this suits me and can help others facilitate their wishes.
1c a share after consolidation for a dead/ shell company. Sounds generous to me. According to you guys I'm literally pissing into the wind because the company is cooked. I'm happy to piss in the wind, why don't you let me?
GMVD - NASDAQ IPO, page-1895
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