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Re: lakers17 post# 30150

Tuesday, 12/08/2020 9:27:48 AM

Tuesday, December 08, 2020 9:27:48 AM

Post# of 30291
There was no other litigation that I remember. It was TCA vs Big Rhino with a counter suit. The information provided from the receiver tells us that the initial settlement was for $4 million. There's no way the CEO could pay that so he forfeited his company to TCA. Big Rhino assets was liquidated for $510,000 in March this year. TCA took over control of ITKH. There is no other litigation that we know. TCA could only get the value out of Big Rhino. Now the receiver is left with a shell company. The receiver will eventually figure this out and sell this shell guaranteed. There are a lot of investors already lining up and suing to get what's left of TCA assets. This shell will be an easy sell IMO. That's why myself and others are buying cheap shares. Float is around 165 million.