Monday, October 30, 2017 3:14:38 PM
VDC is in Liquidation but was rewarded a Strike off, in order to get a Strike off VDC cannot hold any debt or assets. The unique aspect of the Strike Off is they can re-register after they are stricken from the register.
The current assets are in the VDC note. Also in the SEC filings for VDI they have $17M receivables to be paid to VDC, however they are still in the Liquidation process and cannot operate as a company to receive them.
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