Yuengling's Ice Cream Corp (YCRM)

[NextGenCapCG]

Don't get me wrong, Everett is sketchy and somebody to exercise caution around. With respect to YIC Acquisitions Corp. however, it is common in asset transactions to buy through a subsidiary to limit any sort of liability to the parent. With the switch from a stock transaction to asset, as well as the incorporation of an acquisition subsidiary, that tells me that there was a third-party on Yuengling's side that had CoC rights and was holding the entire deal up. By switching to an asset transaction and acquiring with a subsidiary, the parties can omit the asset or liability that was holding the deal up and eliminate any unknown liabilities attached with the acquired assets. By doing so, it actually protects us.