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Re: doogdilinger post# 428

Tuesday, 07/10/2018 4:49:20 PM

Tuesday, July 10, 2018 4:49:20 PM

Post# of 18345
MERGER FILING, $45K PAID OFF, REINSTATED:

WHAT DORMANT COMPANY RANDOMLY DECIDES TO PAY AROUND $50,000 OUT OF THE BLUE!?

FROM THE FORM 10 FILING TODAY:
https://ih.advfn.com/p.php?pid=nmona&article=77837825

Judgment Payable



On April 3, 2014 the Company had a judgment assessed against them for $30,000. The judgment incurred interest at 10% per year. At November 30, 2017 and 2016, the balance on the judgment payable, including accrued interest, totaled $40,981 and 37,981, respectively. On May 22, 2018, the Company agreed to settle this judgment payable, including accrued interest, for $15,000.

SUBSEQUENT EVENTS


On May 22, 2018, the Company agreed to settle the $30,000 judgment payable assess on April 3, 2014, including accrued interest, for $15,000. See note 2 above.



WE INTEND TO PURSUE THE ACQUISITION OF AN OPERATING BUSINESS



Our sole strategy is to acquire an operating business. Successful implementation of this strategy depends on our ability to identify a suitable acquisition candidate, acquire such company on acceptable terms and integrate its operations. In pursuing acquisition opportunities, we compete with other companies with similar strategies. Competition for acquisition targets may result in increased prices of acquisition targets and a diminished pool of companies available for acquisition. Acquisitions involve a number of other risks, including risks of acquiring undisclosed or undesired liabilities, acquired in-process technology, stock compensation expense, diversion of management attention, potential disputes with the seller of one or more acquired entities and possible failure to retain key acquired personnel. Any acquired entity or assets may not perform relative to our expectations. Our ability to meet these challenges has not been established.



Upon the successful filing of this Form 10-12G, we will be subject to the reporting requirements under the Securities and Exchange Act of 1934. As a result, shareholders will have access to the information required to be reported by publicly held companies under the Exchange Act and the regulations thereunder. We intend to provide our shareholders with quarterly unaudited reports and annual reports containing financial information prepared in accordance with generally accepted accounting principles audited by independent certified public accountants and intend to register under the Securities Exchange Act, Section12(g). There can be no assurance that we shall be able to file this Form 10–12G successfully or that we shall become a reporting company.






http://www.clippercorporatepartners.com/

https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=V9M0c1l4F0T2%252f20MXKYx7Q%253d%253d&CorpName=EMPIRE+POST+MEDIA%2c+INC

EMPM
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