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Demain

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Alias Born 12/26/2016

Demain

Re: None

Friday, 10/23/2020 1:57:49 PM

Friday, October 23, 2020 1:57:49 PM

Post# of 46166
No actual products, No problem! Just send money!
Industrial Nanotech has negative assets of $1,080.000.00. This definitely fits the definition of a judgment-proof company.
Interestingly, in the transaction with Chemcoat of 2790 Canfields Lane, Montoursville, Pa. Stuart signed a personal guarantee and now his personal assets are at risk. You can follow the details and outcome of this case at the Collier County Florida Courts site.

https://www.lawyers.com/legal-info/bankruptcy/consumer-bankruptcy/what-it-means-to-be-judgment-proof.html

https://www.marketwatch.com/investing/stock/intk/financials/balance-sheet
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