[btomba_77]

I am not an insider in any way
 
 
but i think you’ll find that most people here are skeptical that the stock will hold any long term value.
 
 

[DanielQuilli]

If you cant sell it then it has zero liquidity and is thus clearly worth less than cash in hand.

[JohnnyFever]

Also curious about this.  What about early stockholders whose 5-year indentured servitude is up, can they sell and for how much?

[Robbro524_990]

It’s only worth what someone or the market is willing to pay for it, which in this case and in this market is ever decreasing to zero.

[lisa.kipp_631]

The rads I know (n=3) who have RP stock value it at 0. I BELIEVE, but have no true knowledge, that there is a strike price. If the company is sold for a value below that strike price the stock truly is worth 0. I cant imagine the the value has risen above thatstock price. I am happy to be corrected though if anyone has any real knowledge. I think the fact its opaque to even the rads that own the stock speaks volumes.

[satyanar]

BYD, do they own stock or options on that stock. No strike price if they own actual shares in the company. Not that it makes it any more valuable.

[lisa.kipp_631]

Good point. Could be that Im confusing strike price with whatever the requirement is for them to get paid out under the PE waterfall. Could also be that theyre confusing stock with stock options. Im pretty limited on my knowledge of this stuff. I just know they dont count their stock as having any value anymore.

[DanielQuilli]

Just based on what you said, they would have call options, which is common. For example they may have $35 calls. If the company remains valued below $35/share, then they have very little value (there is some time value), but if they hit the expiration date and shares remain below $35 then they are indeed worth zero. (35 just an example here). I would be shocked if rads actually gave away their practice for calls, much riskier than getting shares which are still of dubious value in this situation.

[Unknown Member]

From what I hear the actual “partners” do not even know the current value of their shares. And even though they are “vested” they cannot sell them or get rid of them in anyway until there is another “liquidity event”

[lisa.kipp_631]

Yes. Thats what I have heard. Not the term call option verbatim, but in the event of a liquidity event the value must be at a certain price or the shares are worthless.

[smfst7_929]

Quote from brickydragon

Yes. Thats what I have heard. Not the term call option verbatim, but in the event of a liquidity event the value must be at a certain price or the shares are worthless.

Gotta hand it to the RP brass. They pulled a quick one on the peon workerbee rads. Sluuuuurp! Thats the sound of RP sellouts money being washed down the drain.

My guess is top brass will be structuring themselves a nice bonus before the ship sinks within the next few years. A nice golden parachute to suck it dry of any funds that might have gone to pay rads their call options or pseudo shares or whatever financial wizardry they call it

[mwakamiya]

Look at the stock valuation and historical graph of NKLA.  That is about where the stock for the entity you are discussing is right now and soon it will be not only zero but bankrupt. The only liquidity even will be liquidation of assets in a Delaware court. Look up the definition of bankruptcy and how it affects the so called “shareholders.”
 
“”Equity shareholders (the genius doctors) are usually the last in line to receive any money from the sale of the company’s assets, after creditors, bondholders, and other stakeholders like preferred shareholders have been made whole.””

[gloriacazares]

There are people at my RP group who refused the stock, saying it is a liability only and not worth any very hypothetical upside.

There is a story that 7ish years ago at this group, the class A stock holders (legacy partners) got paid out for some stock, and the class B share holders (newer non-legacy rads) got nothing, and actually owed some money in tax as a result.

[tureckibalet_476]

Negative value if you are not a class A stock holder.  When they sold part of RP to Starr investment a few years ago only the class A stock holders actually got a distribution and class anything other than A actually had a tax liability on phantom income not actually received. DO NOT join an RP practice.  

[smfst7_929]

Quote from tigershark06

Just based on what you said, they would have call options, which is common. For example they may have $35 calls. If the company remains valued below $35/share, then they have very little value (there is some time value), but if they hit the expiration date and shares remain below $35 then they are indeed worth zero. (35 just an example here). I would be shocked if rads actually gave away their practice for calls, much riskier than getting shares which are still of dubious value in this situation.

I wouldnt be surprised if they accepted calls. My guess is they put up a nice power point showing how those calls could go stratospheric and make them millions. People that sold out to RP were the most moronic and gullible. At least Envision was offering cash money. RP sellouts deserve to get peanuts for selling their soul along with their practice.