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Re: tutankhamuns post# 31894

Tuesday, 02/12/2019 4:18:27 PM

Tuesday, February 12, 2019 4:18:27 PM

Post# of 38067
Yeah that's exactly what didn't happen. Are you trying to convince people that the trust that is in litigation transferred the assets to Payless? Once again I think you need some accounting classes.

NTF had approximately $20,638,814.00 in total assets. NTF had approximately $24,951,720.00 in total liabilities.

ATG had approximately $813,961.00 in total assets and approximately $2,859,920.00 in total liabilities.

This means they are both underwater. You don't just remove assets because you put it in a trust and declare bankruptcy on the liabilities and it magically goes away. Jesus christ.