DDE payment update,
posted by Rockerduck Vella, under DDE
In reference to DDE voluntary liquidation decided by the CEO Delicious Demar , we are facing a dilemma if we should consider it a bankruptcy or not.
In our opinion is not.posted by Rockerduck Vella, under DDE
However, because of the exceptional situation we decided to honor our issued and valid certificates as a regular bankruptcy
Therefore, because we assume the liquidation price is going to be inferior of the IPO price ( the Face Value), we will pay the difference collected as per our TOS.
Example: If DDE is going to pay 40 cents we will pay the 60 cents difference of the IPO value which is 1 linden.
As soon as payout distribution from DDE will take place we will finalize our payment due and proceed with the distribution.
Of course, all certificates issued are valid and they do not have any more expiration date.
One more time, The Rock is proud to be The only Insurance company around when need it!
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