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Re: The Cheap Investor post# 236297

Tuesday, 04/19/2022 10:57:50 PM

Tuesday, April 19, 2022 10:57:50 PM

Post# of 241141
In thinking about this more, I think Eric's offer to buy the assets is going to the bankrupt trustee who will then take the proceeds and distribute to the creditors. The Trustee was discharged in Jan, 2022. Seems like a long time from 2019 but maybe with intellectual property rights, licenses, it takes awhile to sort out. But it seems though Eric is also paying a sum to GestureTek as Eric needs that experience/knowledge to operate the Tech.


Eric should disclose the terms of this deal but I suspect he won't.