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Posted On: 01/08/2018 4:31:51 PM
Post# of 15187
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Re: BUMPERCARS #14115
It is a timing issue only. I am not an attorney, but the new corporation will acquire the revenue generating assets first, resolve existing debt and then complete the final acquisition of the shell. There will be resistance from debt holders and some form of approval for disposition of assets may be required from the SEC.
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