#Commodore News
Hi, Jim (long time etc!!!)
I was under the impression that, even at good prices, Commodore's assets would
be pushed to cover its debts … but, of course, if that's not the case and the
asset sale can cover Gould's rake plus the other debts, then just maybe
there'll be a bit of money for shareholders.
Of course, if we were to get into a fight/auction for some of the assets, then
who knows what could happen 🙂
But it's certainly true that liquidiation doesn't always spell no money for the
shareholders.