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Re: ranger_7 post# 39655

Friday, 09/29/2017 10:37:29 PM

Friday, September 29, 2017 10:37:29 PM

Post# of 79867
None of the things you said will happen.

NO ONE is capable of saying whether ther IS or ISN'T an investigation going on.
It's all speculation.

But there's been an abundance of false PRs and ZERO results, so reason dictates there probably IS.

And the fact that old mgmt. may be gone is irrelevant.

If "old" management is found guilty and investors were harmed, EEGI will be responsible for reparations.
Because IF some new dude bought the company, he assumed all liabilities associated with it. https://goo.gl/5nLE17

When a business owner sells his company, it's common for some of the liabilities that originated under his ownership to be passed on to the buyer.
Because some of these liabilities may be unexpected and very costly, buyers perform due diligence before acquiring a company.

During due diligence the buyer will assess risk factors associated with the target company, especially those relating to environmental, product, and employee liability issues. A business owner should be mindful of these liabilities before selling his company as they can have a significant impact on the success of a transaction.

In a stock sale, the buyer acquires the seller's legal entity. Consequently, all of the target company's liabilities are transferred to the buyer unless negotiated otherwise, including contingent and unexpected future liabilities.