This info is very beneficial for any investor to know. Thank you Sammy.
I'll do my best to explain for those who are getting lost in the technical stuff. Sammy, please correct me if I'm wrong on anything here and feel free to add further comments.
Scenario:
* Market-99 (M99) was the private company
* ECFL was the shell
* M99 R/M into ECFL then changed the symbol to MNTY
* Diluted shares to raise funds to expand M99
If there were ANY past liabilities with ECFL then MNTY is obligated to pay. That includes old stock warrants. What I don't know is the time limit but it is my understanding that it can be years. So if Dez fails to disclose and the little boy Brolas did not do any DD and let's say they get a knock on the door with a demand to pay...guess what? That's right! MNTY must pay or negotiate a deal. But because of all the Brola's BS and the allusion or illusion from the BOD and possibly Amir and I suspect a few others too we may never know the full truth.
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