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Re: The New Guy 54 post# 24254

Sunday, 10/06/2019 8:16:02 PM

Sunday, October 06, 2019 8:16:02 PM

Post# of 26028
Jumping the gun too early new guy but i respect your decision. Though it is natural with RM or M&A in general that undisclosed liavilities get sorted before anything. Its not normally a deal breaker unless its something that is impossible to resolve. Just those who are reading, LOI was signed. Its not a conincidence financial statements etc were prepared as it would be a key provision of RM deals/terms. Also is the absense of liabilities is another term. Its part of the deal and not something out of the ordinary. Dossnt make sense business wise and APL is screwing themselves over if this deal is terminated. Assuming break off fees are in the conversation. Also not wise to break it off considering youre looking at another 3 to 6+ months to identify a shell company, get a deal figured out then prepare the financials statesments hoping there are no undisclosed liabilities as well.