The assets and value are in Cirque Energy II LLC (privately-held LLC). It looks like Cirque Energy, Inc, could be a shell company amassing toxic-debt, with the funds then used to build Cirque Energy II LLC and its subsidiaries.
Now, who owns the privately-held Cirque Energy II LLC? Seemingly, not you, me or any other IHUB investor. You see, the merger was publicized, but never completed.
Where did all the money from the debt instruments go? Trace the money and assets.
So, if Cirque Energy II LLC should come out of this in a great position, do you really think the planned "merger" with Cirque Energy, Inc, will be completed? Would you complete the merger with a toxic-debt-laden (& massive share-count) public company if you owned all the shares in a valuable private company?
I agree with some of the old-time posters -- The people in charge here are very smart gentlemen. But, we may disagree on why.
