Quote from: brendio on November 17, 2011, 01:46:16 AM

Could you please give more details on the procedure for liquidating SIN and your estimate of the likely proceeds you will get for the equipment? Where will you be selling the company's assets? eBay?

If this motion is voted down, would you then consider Shakaru's proposal?

That depends. If we can sell it all off in one lot that would probably be the most preferable option, but this would be something for investors to discuss. eBay would definitely be on the table. I would be open to suggestions on how to best get the company liquidated. As far as likely proceeds, the typical estimate would be half of the value of the equipment being sold. That is an underestimate in my opinion however, as most of the hardware we have seems to be selling for over that value on eBay. I think in total we can expect somewhere between nine and ten thousand dollars USD. However this is just speculation, things could be better or worse, so I hesitate to make any definitive statement on the matter.

If this motion is voted down, we will then have a discussion on what action to take and vote accordingly.

Quote from: boonies4u on November 17, 2011, 02:07:01 AM

Quote from: brendio on November 17, 2011, 01:46:16 AM

Could you please give more details on the procedure for liquidating SIN and your estimate of the likely proceeds you will get for the equipment? Where will you be selling the company's assets? eBay?

If this motion is voted down, would you then consider Shakaru's proposal?

A vote of Yes is for the liquidation and against absorption. A vote of No is against liquidation and for absorption. If the liquidation is voted down, I expect the absorption to go through.

A vote of yes is for liquidation. A vote of no is against liquidation. If the vote fails we will discuss what action is to be taken and then vote on that action.