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$Lilium (LILMF.US)$ Anybody knows - How does a "asset purcha...
Anybody knows - How does a "asset purchase agreement" affect current shareholders?
Lilium completed an asset purchase agreement with Mobile Uplift Corporation following german insolvency law.
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MrOTC : This stock is done! no workers to make anything. all laid off. just worthless parts now. sell and tax harvest on IRS day!
104019346 : From my own interpretation of what an asset purchase agreement means. The incoming investors are buying the Lilium jets and not buying the Company's Lilium. This means the stock share price for Lilium is Zero. We should avoid this stock at all cost because Lilium does not own Lilium jet anymore if the assets purchase agreement is for 100% ownership of Lilium jet.
102875548 OP 104019346 : so, if this is the case, then when the complete announcement come, the listed entity is nothing but a shell with all the debts, current shareholders are majorly SCREWED
101674396 : Pls advise, if any experts here.. sell or hold..