Again...press release says it all.
Let's take a closer look...
"Roche Enterprises bid $100,000 of the Company's indebtedness to it, effectively offering to cancel the Company's indebtedness in return for taking ownership of the Company's assets"
RVUE:
"rVue is a media technology company that operates in the fast growing Digital Location Video category. Based in Chicago, rVue uses proprietary technology to simplify the planning, buying, trafficking, post analyzing and invoicing of 175 DLV Networks and the nearly 2 million screens they operate throughout the US and Canada. rVue is able to quickly generate national and regional plans, and due to its technology platform, equally equipped to hyper target a zip code, voting district, single office building or hotel. What takes agencies weeks to do manually, rVue does in days. Its single point of contact and big picture view of the category serves to identify the most efficient options and saves both agencies and clients time and money. rVue is positioned as "technology that augments human thinking."
What assets can a digital company have in an office suite? 2 computers and 2 employees to create ads online? He paid $100,000 dollars for 2 computers? I doubt it. He bought the shell and the NOL and he's going to carry it over to Roche Enterprises.
