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TankTheFrank

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TankTheFrank

Re: cowtown jay post# 41073

Wednesday, 11/22/2023 4:22:52 PM

Wednesday, November 22, 2023 4:22:52 PM

Post# of 44348
Jay, when a company merges the merged company's debt must be resolved or absorbed by the company they are merged into. Currently Baudax has $21,781,000 worth of liabilities that would need to be resolved or absorbed. This is why I doubt the merger will happen outside of some massive approval deal, post bankruptcy proceeding, or the sale of a patent.
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