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Friday, March 13, 2009 3:13:05 PM
Understand this is just a story and an interpretation of events. It is only one of many possibilities.
{b}Person A has a company, It has a couple of products but there not selling and never will. His company is failing and dosen't know what to do, so he has a brainstorm. He will sell his company to his friend, and the friend will pay him back in shares. He will agree to promote the company, third party noncontrolling shareholder, also with shares.
The Friend say's, hey I also have a company that I'm looking to unload. I can sell it to the company also for shares. The shareholders will pay and we are in the clear.
It's just a story
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