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Post# of 19856
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DD_dempsey

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DD_dempsey

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Re: dangerx post# 14191

Thursday, 12/07/2017 12:32:28 AM

Thursday, December 07, 2017 12:32:28 AM

Post# of 19856
Great question regarding merger and $EHOS

No. Thy do not have to take on the debt of the prior management. Especially since it's dated so old- the debt could be reprieved or even eliminated completely. Most of the time - the reverse merger entity coming in - those financial statements are what survives the entity merger. So in that case - it would be the finances of the merging company coming in.

Hope that helps



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