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Re: freddie me post# 11715

Thursday, 01/17/2019 9:14:23 AM

Thursday, January 17, 2019 9:14:23 AM

Post# of 11812
I would think any form of payment for the URL would have to be approved by the judge, I did not see anything. The final request made to the judge was for less than $5,000 the annual report filed had north of $1.6 million of cash which already had a large amount of the legal expenses removed.

I don't know what salaries you are referring to, as receiver they don't receive a salary and if a salary were to begin once Thomas is placed as the sole director it would have to be approved by shareholders.

Even if you take out $500,000 you are sitting at $2.8 million with no value given to the shell and possible NOLs. That is assuming a $2 million sale price on a URL that was listed at $2.5 million for a month-ish, probably sold for more than $2