STG Group Inc. (fka STGGQ)

[MichaelKane]

Quote from Filing:

As you are aware, the recent events involving the Company and the lenders under its credit agreement have placed the Company and the Board in an impossible situation. In particular, I draw your attention to the fact that the lenders sought to replace the board of directors of STG Group Holdings, Inc. (the “Operating Company”) and effectively took control of all of the Company’s assets for the benefit of the lenders. In addition, the management of the Company has resigned, leaving the Company with no management to operate the Company.


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