IAHL Corporation (IAHL)

[liable]

Rosswood seems pretty desperate. They say as far as they know, the deal is still on, even in light of all the news surrounding the Royal Arkansas Hotel. If the sale does ever go through, I doubt they would take anything other than cash. This presents some more questions however, as IBCX has raised almost four times the sale price of the course through the dilution of our stock over the last two months.
Where is all the cash going if it isn't being used to pay outstanding bills? Is it getting sent straight to protected accounts? This reeks of RICO to me.
I wouldn't expect that Ibac would want to acquire any assets at this time, as criminal charges and lawsuits should be piling up, laying claim to ill-gotten assets. Perhaps Ed and Wayne aren't concerned, which would be a surprise. I haven't seen them do anything intelligent yet, so I doubt they will start now.