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Posted On: 07/28/2017 7:05:16 AM
Post# of 11803
Per DECN's last Q, status the verbatim language states;
In September 2016, the major funds controlled by Platinum filed for liquidation. The company immediately froze all of its securities held by Platinum, and notified the funds liquidator that we had been working with the former management of Platinum to effect return of a sizable majority of the securities held by Platinum. Platinum had not been granted any requests for any conversion or sale transactions since December 2014. As a part of this liquidation the company is now seeking return of most of the securities granted to the Platinum funds from 2007 through 2014.
If there is a DECN buyout, wouldn't there have to be some definitive closure to the status of those shares. At some point the Company would have to announce whether those shares, whatever the number ends up being,
If the 40 million shares are issued that would have to accounted for if the Company was sold. How many shares is the offer to buy DECN for?
In September 2016, the major funds controlled by Platinum filed for liquidation. The company immediately froze all of its securities held by Platinum, and notified the funds liquidator that we had been working with the former management of Platinum to effect return of a sizable majority of the securities held by Platinum. Platinum had not been granted any requests for any conversion or sale transactions since December 2014. As a part of this liquidation the company is now seeking return of most of the securities granted to the Platinum funds from 2007 through 2014.
If there is a DECN buyout, wouldn't there have to be some definitive closure to the status of those shares. At some point the Company would have to announce whether those shares, whatever the number ends up being,
If the 40 million shares are issued that would have to accounted for if the Company was sold. How many shares is the offer to buy DECN for?
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