REDDIT
Any $ATER shares owned by EOD will be entitled to a HUGE $0.85-$1.14 per share cash distribution! (currently trading @ $1.31!)
Following an announcement of an asset sale of substantially all of it's brands, $ATER is distributing the money from the sale to shareholders, if you own $ATER shares at the end of today you are entitled to a $0.85 - $1.14 per share payment. It's a MASSIVE return in relation to the current trading price, the stock will continue trading and is expected to pivot and reverse merge with another company in a higher growth potential sector within the coming months, making this a good looking prospect on paper considering the return from the cash distribution alone.