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Old 05-23-2017 | 12:10 AM
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Woulvesbaine
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Originally Posted by silden
Thank you for the link.
I just read it and it is the typical german lawer language.
It looks like a standard procedure, nothing special.
I found a statement from the lawer, who runs the insolvent process.
He started that there are several investors interested and options streamline the company.
Let's see how it will go.
Nothing special is correct, which makes it neither good nor bad in and of itself.
In the Us, companies with value are often purchased out of liquidation or insolvency proceedings, or sometimes their assets, whether physical or intangible (intellectual property) are purchased by one or more companies in relation to these proceedings.

I don't know how similar German proceedings are as compared to US, but the long and short of it is, if there's anything particularly of value in LRP, someone may come and look to scoop it up in part or in whole.

This begets the question: What is of value owned by LRP? Do they really have any technology that they own that is particularly marketable?

Their brand has some value, but enough to attract someone to purchase it?

What do people like form LRP that is worth preserving?

Don't get me wrong, I bought their batteries particularly liking their case, even though I know it was someone else's battery re-cased. But there are other batteries to buy, and I'm fully aware that it's not LRP's tech under the case, so I'd also by an intellect battery or something else.
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