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Without a “suggested asking price” how is a prospective buyer to set his bid price?

bid buyer price
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Without a “suggested asking price” how is a prospective buyer to set his bid price?

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All interested parties will have to formulate and present their bid according to their own assessment of this investment opportunity. H.J.Koob’s 1/3 Interest will be sold to the qualified bidder who offers the highest present-value bid.

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