Darthter 542 Posted April 30, 2012 Share Posted April 30, 2012 The way I understand things is that Whyte's shares stay where they are..... Once the CVA has been agreed and paid, the PLC is then debt free. Whyte then has a choice.....sell the shares for a nominal price, and the PLC/incubator co are merged, or own 83% of a company valued at zero with no assets. 0 Quote Link to post Share on other sites More sharing options...
stewarty 1,878 Posted April 30, 2012 Share Posted April 30, 2012 Thanks TB. Its commendable that they sought to prepare and screen this dvd but it is worrying the mixed messages we keep getting from D&P. I realise its a difficult job but you would think they could at least agree on a definition of liquidation and whether the Miller bid meets it. The other question is whether this is any reason why this video cannot be put on the club website? 0 Quote Link to post Share on other sites More sharing options...
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