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Re: netmoney1999 post# 11541

Friday, 04/19/2024 10:43:11 PM

Friday, April 19, 2024 10:43:11 PM

Post# of 11599
Read that amended SPA that posted where they "agreed" to different terms where the Evans would leave the company and the 24m apsi owed them was extinguished. That was of course in August just prior to the lawsuit.

They claimed that extinguishment of debt as gains on their financials. In the IRS view, that $24 is taxable. Wonder if they are breaking tax laws here honestly