Re: Financial Future
in response to
by
posted on
May 13, 2019 03:05PM
RVXoldtimer,
I had to re-read your post a few times. Great summary. Just one clarification. I'm assuming that in the passage below you were referring to sale of ZEL, not sale of RVX. The "if RVX carries through" part threw me off.
"As far as cashing in on that sale or such, if RVX carries through as they have posed to us in the past, ZCC shareholders would, at or immediately prior to a sale, receive proportionate shares in ZEL to their ZCC holdings. The purchaser would then be buying the ZEL shares so the shareholders would receive the funds directly from the purchase. The shareholder would still own their ZCC shares and ZCC would hold collectively the RVX royalty preferred shares."
BearDownAZ