Expo Holdings Inc. (EXPH)

[Acc441]

How they account for the "acquisition" of BCC and what assets were brought on board could prove to be a minefield. Remember, any open orders/contracts would be considered assets per the IRS.


The federal tax lien filing date is CLEAR and it covered any and ALL assets of BCC. The press release mentioned a combination of cash and restricted common shares were used to complete the BCC deal, correct?



Perhaps the IRS would welcome a detailed count of events leading up to the Expo Holdings-BCC "acquisition"?



IMO