MST metal storm limited

who gets ip if company goes down, page-38

  1. 2,793 Posts.


    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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