News Focus
News Focus
Followers 31
Posts 8840
Boards Moderated 0
Alias Born 02/17/2014

Re: New money98 post# 143217

Sunday, 04/14/2024 1:20:28 PM

Sunday, April 14, 2024 1:20:28 PM

Post# of 154070
Just read this LOL!!
The monitor received the ENTIRE PROCEEDS US $4.34 mil

[29] The Visolis transaction close on October 22nd 2018 with the Monitor receiving the entire proceeds from the sale namely US $4.34 mil from the end-bloc purchase of the assets of the three petitioners which necessitated that an allocation be made among the various secured lenders having security interests against said assets. Its is not necessary for the purpose hereof to discuss further this ensuing aspect of the Visolis Transaction which resulted in agreements being reached between the secured creditors with the approval of the monitor.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today