Nascent Wine Co. Inc. (NCTW)

[jocust]

One of the most interesting facts I discovered in following the Genesis Merchant v. Nery's case:

When Sandro purchased Targa after securing the loan from Genesis Merchant he compensated the former/original stockholders of Targa:

"In the Targa acquisition Nascent paid $3,550,000 at the closing to the former Targa shareholders and fees of $200,000. Nascent also deposited
$250,000 in an escrow account, which has subsequently been released to the former Targa shareholders".

What did Cathart/Nery's do for Nascent shareholders when it acquired our asset Targa?
answer: nothing.