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Re: WarMachine post# 37659

Thursday, 09/11/2014 9:29:30 AM

Thursday, September 11, 2014 9:29:30 AM

Post# of 96532
I am not sure why you would make such a comment concerning the liabilities, if you look at the transaction that took place in November 2012 all the assets and liabilities of Dynasty went with them.

To openly make such a claim is baseless because we won't know until the end of the quarter, but if an incoming CEO agrees to the transfer of assets they will insist the liabilities that created those assets go with them as well.

Almost 95% or higher of all reverse mergers are completed with a zero/zero balance sheet meaning there are no assets and liabilities left in the company except for agreed upon items.