Q: Hi folks, I had invested in LQID before they halted... I'm assuming the company is toast - what are the chances of even getting back some of my investment dollars? What are my next steps?
Thx,
Kevin
Thx,
Kevin
5i Research Answer:
LQID has had no updates in more than a year. Its CFO resigned and it owes executives and employees money still. We would put chances of any recovery at essentially zero. Defunct securities can be sold to brokers at a nominal cost so that investors can claim losses if they want the security off of their account.