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Re: reapingprophet post# 24248

Thursday, 08/23/2007 12:06:21 AM

Thursday, August 23, 2007 12:06:21 AM

Post# of 49563
No, you've got a right to be mad at IBCX, although I think he wanted the hotel and restaurant to work and wanted to make money that way. The beef though was with the PRs, of course. I think TSXT is being a little more forthright. As far as creditors filing UCCs that list the old and the new, well I don't know if the absorption of debt was part of the deal transferring the shell. They said in their PR that Hayter indemnified them from any action. For all we know, Hayter was supposed to pay that off and didn't.


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