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Posts | 5279 |
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Alias Born | 02/11/2014 |
Thursday, June 08, 2017 2:10:21 PM
He might have done it over and above their objections.
It happens.
THE LAW IS CLEAR, transferring debt to a bankrupt
subsidiary ( with no business operations, ever ) for
the express purpose of removing the debt from the
parent's books -- will be judged to be fraud.
((( There is no jail for such a fraudulent act as this,
The fraudulent conveyance of the debt will just be
canceled - - or
disallowed . )))
BTW, it is sad that one cannot comment on Mr. Tilton's
COMPLETE LACK OF VERIFIABLE ACCOMPLISHMENT
without people saying this, "good luck getting cheap
shares."
I am honest, and I truthfully assess Mr. Tilton's failings.
I am not buying more shares, I have too many already.
Until2017
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