California Grapes International, Inc (CAGR)

[Alyssa]

YOU are wrong, 100% completely wrong. It is NOT a given that the successor company take on any debt of the retiring company. Where do you get this stuff? In addition, this excerpt is taken directly from the PLAN OF EXCHANGE signed on 5/22/2008 where it is clear that Diamond Powersports people were responsible for their own debt now existing or discovered post-closing:

"Elliott has eliminated all liabilities listed on Exhibit A and there are no unknown liabilities and/or threatened litigation or claims against DPWS. In the event liabilities are discovered after Closing, any liability that arose while Elliot was in control of DPWS shall be paid for by Elliot and shall be the sole responsibility of Elliot."

These claims of a Judgment against GDHI are BOGUS and you should not be spreading around FALSE information. Boo.