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Posted On: 01/18/2019 11:53:41 AM
Post# of 7590
WILL THE COMPANY NEED TO RESOLVE OR SETTLE THE VARIOUS RECENT LITIGATION MATTERS BEFORE FILING THE FORM 10?
A: No. The values of the company's various assets and liabilities - regardless of dollar amount or form - only need to be DISCLOSED to the auditors and within the financials and narrative text of the registration statement. A company can have any number of disputes, debts or significant liabilities, as long as they are disclosed and noted.
A: No. The values of the company's various assets and liabilities - regardless of dollar amount or form - only need to be DISCLOSED to the auditors and within the financials and narrative text of the registration statement. A company can have any number of disputes, debts or significant liabilities, as long as they are disclosed and noted.
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