InvestorsHub Logo
Followers 0
Posts 3
Boards Moderated 0
Alias Born 09/23/2020

Re: None

Wednesday, 09/23/2020 9:21:56 PM

Wednesday, September 23, 2020 9:21:56 PM

Post# of 153
Anyone following Input Capital ($INP.V) acquisition by Bridgeway National ($BDGY)?

Someone mentioned that it looks significantly risky due to Eric C Blue's background and previous deals.

PSL has since learned that Blue provided forged financial statements to the other
party to the Anticipated Merger, JHT Holdings, Inc. (“JHT”), in connection with the Anticipated Merger and that, at the time of the Anticipated Merger, Blue did not have funds sufficient to close
the transaction.
In February 2019, JHT discovered that the financial statements Blue had provided were forged. By letter dated February 11, 2019, JHT provided written notice that JHT was terminating the Merger Agreement, and JHT demanded payment of the $10,000,000 termination fee.
Upon information and belief, Blue forged several documents in connection with the Joy Transaction.

https://www.courtlistener.com/recap/gov.uscourts.txnb.479880/gov.uscourts.txnb.479880.26.0.pdf