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Re: JPetroInc post# 19705

Saturday, 01/13/2024 1:41:28 PM

Saturday, January 13, 2024 1:41:28 PM

Post# of 20421
TOMDF is insolvent and a loss. Bankruptcy may give more time to make good but being insolvent means no chance in hell to make good.
Insolvency is when liabilities are greater than the value of the company, or when a debtor cannot pay the debts they owe.