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Re: Lax daddy post# 11369

Thursday, 09/18/2014 5:40:01 PM

Thursday, September 18, 2014 5:40:01 PM

Post# of 39002
lax, no I didn't do that. I'm wondering why you guys keep calling it a merger anyway? This (IMO) wasn't a merger since there weren't two disparate management teams, shareholders, etc., they were all the same. I believe that this was an abandonment of the S corp and a new company was formed as a 'C' corp. There weren't any assets as DFMI is the one that did the deal with Iterated. There were liabilities, one would think, with TMMI's bills.