no one answered the question that this thread originally posed
- the rights under harmony allow for assets to be sold - i don't understand that there is any facility for the IP to vest in harmony in the event of default (pls correct me here if i am wrong)
so we are left with a possible default event requiring a sale of IP and other assets, before paying out creditors
what are the IP assets worth?
big question...
i would begin at 1 billion dollars
if i am right that current holders in receivership who bought sub 5 cent should be OK
if i am wrong and greater than 1 billion is realised - excellent
if below 1 billion - then we take the company to Court after injuncting any proposed sale - and i have the money for an injunction or two (as a barrister I have a few barristers as mates as well)
good luck
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