adam
New Member
Posts: 5
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Post by adam on Mar 27, 2020 18:35:14 GMT
NAV sounds complicated and don't trust HarbourEdge to get it right, ever
After the worst possible performance in industry, I don't trust them period and I want my money back asap, whatever plan takes shorter has my vote
I bang my head against the wall every day for walking away from elo. Blake Wallace is right, best assets were gone to those guys
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Post by Moderator on Mar 27, 2020 22:14:47 GMT
It's not just me, two share plan is a partial liquidation on hrac side, no? bob, welcome to our Forum! Technically is a wind-up which means that the business takes time to wind up its affairs and distribute the assets to all investors (not a fire sale) The Liquidation is specifically about selling off the company assets in order to pay creditors and usually the speed is a priority When selling the HRAC assets and distributing the proceeds to Investors is part of their Two Share Plan, they call it wind-up. When the very same process is part of our plan, they call it Liquidation and, of course, it sounds scary.
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