Should BASIC come to an end, the current reserve fund would be paid out to investors, correct? My questions, how large is that fund and how many shares are there outstanding?
It's in the shareholder agreement.
Should management be unable or unwilling to continue operations of bASIC-MINING, a suitable replacement, designated by management, will be sought out. If none can be found, all outstanding shares of bASIC-MINING will be bought back at a price no less than 105% of the 7d Avg price, all assets held by bASIC-MINING will be liquidated, and the proceeds distributed to shareholders. Take care