Friday, July 16, 2021 1:31:15 PM
Options available to TGRR. GOODWILL example. One of the options available to VGTL is to liquidate certain goodwill assets to another public company with cash and to use that cash to claw out of its jam. It's a long and tedious process. PREC is one candidate looking at VGTL at the moment. This can be a profitable win-win scenario for both companies. All 3 issuers are in the same position as VGTL. They are all crippled with toxic debt. Currently seeking other similar prospects and IPO co to buy their goodwill and duplicate VGTL and PREC contemplated transactions
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