MERGER OFFICIALLY IDENTIFIED During August, 201
Post# of 4425
Posted On: 11/13/2015 2:26:28 AM
MERGER OFFICIALLY IDENTIFIED
During August, 2015, the Company merged with Oak River Technology,LLC. As part of the agreement of merger, the then existing assets and debt of the Company were sold, liquidated, disposed of, or extinguished. In addition to the actions taken with regard to the assets and debts, the outstanding shares of preferred stock were returned to the Company and cancelled. The balance sheet, as of September 30, 2015, includes only the assets and liabilities of Oak River, whereas, the statement of income and expenses includes the activity of the Company for the first two quarters of 2015, plus the activity of Oak River for the 3rd quarter.
http://www.otcmarkets.com/financialReportView...;id=146833
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During August, 2015, the Company merged with Oak River Technology,LLC. As part of the agreement of merger, the then existing assets and debt of the Company were sold, liquidated, disposed of, or extinguished. In addition to the actions taken with regard to the assets and debts, the outstanding shares of preferred stock were returned to the Company and cancelled. The balance sheet, as of September 30, 2015, includes only the assets and liabilities of Oak River, whereas, the statement of income and expenses includes the activity of the Company for the first two quarters of 2015, plus the activity of Oak River for the 3rd quarter.
http://www.otcmarkets.com/financialReportView...;id=146833
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$ORTC
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/
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