Pay close attention. That was part of an indemnity agreement. It means nothing as far as the judgment creditor is concerned. GDHI must pay the judgment and then collect from Diamond, or get Diamond to pay the judgment. Its an operation of law. In my view, the creditor should pursue and perfect the claim. Its a slam dunk.
Obviously, GDHI did not do the necessary due diligence before reverse merging. Notice the date of the judgment and the date of the reverse merger. One of the things that should be done in a reverse merger is a nationwide search of the legal system to see what actions are pending. Looks like that was not done, otherwise it would have been picked up, dealt with specifically and cleared before the merger was final.
"Libenter homines id quod volunt credunt"
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