|
 |
Elite Member
 |
Joined: 2-May-2003
Posts: 2097
From: Rocket City, USA | | |
|
| @CodeSmith
Quote:
CodeSmith wrote:
@Tigger
That's nice - business is starting to tank and no-one else knows yet, so you form another company, do all the paperwork required to make them a secure creditor, then just fold. The "first secured creditor" (ie you) gets all the assets and the real creditors get it up the wazoo.
|
First of all, you cant do what you are implying. Second of all, thats not what happened here. AI(W) has more assets then debts after the Itec deal. The transfer that I question the legality of is the AI(w) - KMOS one which striped AI(w) of any value.
-Tig
_________________
We played the first thing that came to our heads, it just happened to be the best song in the world. |
|
17 crawler(s) on-line.
130 guest(s) on-line.
1 member(s) on-line.
Tigger 
