InvestorsHub Logo
Followers 3
Posts 426
Boards Moderated 0
Alias Born 06/27/2012

Re: vegasjack post# 20354

Friday, 09/12/2014 2:32:56 AM

Friday, September 12, 2014 2:32:56 AM

Post# of 20441
Not sure what good it would do. The ACS from all appearances failed in the marketplace, though I'm not sure of exactly what went wrong. Had IBM not done their due diligence before putting it inside their hardware? And then when Ants tried to sell it(read the exchange note agreements) the expected buyer never materialized, and this for all practical purposes put the assets of the company in the hands of JGB, SamLLC, and Manchester. The ADS was bought back long after this transpired, so I don't see how the exchange note holders would have rights to it, but whether it has value(along with several patents) is an open question. Remember, this was/is the database software used on the Zumwalt destroyer. The problem is we (at least I) have no idea where it is. 4Js was emphatic in saying they no longer own it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.