Just a guess--I think they had to have the financi
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Posted On: 05/10/2018 11:35:42 AM
Just a guess--I think they had to have the financials in order and up to date to have any chance of borrowing the money to close the Songbird deal. The financials were messed up and it came down to the wire and they were trying to raise over $100,000 to pay the auditors for their work. If the auditors weren'
t paid they would not release the financials and the company would have no chance to borrow any money. Class action suit? Who is going to pay the lawyers to file one? The one person has the most to lose and possibly has the funds to do so is LT and I doubt he would go that route, but who knows?
t paid they would not release the financials and the company would have no chance to borrow any money. Class action suit? Who is going to pay the lawyers to file one? The one person has the most to lose and possibly has the funds to do so is LT and I doubt he would go that route, but who knows?
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