Integrated Freight Corp (fka IFCR)

[eddy2]

Look what he did was not all together wrong. He took assets and sold them to the public using that money to obtain credit for the customer that in turn becomes a liability to the company.

Sure an asset is only worth what it generates in net revenue after every thing is paid. Because the assets is set up as a credit to the equity holders this allows the outstanding shares to stay under the corporate umbrella as well differing the tax's owed cause the goods where never transferred.

He used another entity to issue shares from too the equity holders holding the liability of the credit.

Was it wrong well you be your own judge. If they secured the credit by the goods or service offered then it isn't. But if they didn't it could be technically wrong.

Now if they secured the line of credit minus the tax's owed govern by the amount of treasury notes held then that maybe a concern to the government should the customer default.


We now know most of there work was performed in the Southern states. Now not to send off alarms here but we have all been watching the devastation happening and to tell you all it has my deepest concerns at this moment for this company.

Let's stay positive guys.