Trudy Corporation (fka TRDY)

[matoutus]

Well I certainly agree that no man in his right mind would go into this type of business without a contract ( government or otherwise ) ready to be consumated or already closed .....or a merger with a revenue producing entity .I reference you to this statement in the 10 q the consummation of a business combination or transaction Also no man in his right mind would sell his company for a dollar ...and walk away from 2.7 in debt owed him ....unless he is a philanthropist ..which Burnham is not . Now they say oh but wait ...he gets a % of the new corp which now owns the book co. now.So what? Whether private or public this company has not made a dime in years . And has no means to pay Burnham back . Now Burnham transferred the debt to clean up the shell ...and what did he get in return? A dollar? and a % in the private version of his old company which has no profit to pay him back? lol .....no ...in a private transaction ...Burnham has recieved either cash / stock or both . Now I am thinking if its all stock retained by him ( and other insiders) Larson better have a business plan to give him a "clear shot" to recoup his 2.7 and make some money. The shell alone is worth conservatively 400k .....so I imagine Stan has a big plan . I doubt that this man Burnham sold his company for a buck to a guy with scaffolding and no cash ...hoping to land a big contract ....as our "contrarian" friends would have you believe . lol ....kinda silly when you think about it.