Decorator Industries Inc. (fka DINIQ)

[mrholty]

So I spent some more time working on this last night and I am happy that I did. While I don't disagree with TrendTraderz there are a few things here that are confusing to me.

They have three divisions: RV (Indiana), Mobile Home (Haleyville, Al and leased Bossier City, LA) and the Hospitality (hospital/hotels) Division mainly in Abbotsford, Wi with the Red Bay, AL property listed as supporting the Hospitality division and not the Mobile Home division.

The Asset Purchase agreement for the RV division to Ascot (IN) and I believe the sale to Haleyville Draperies (AL) and DI (WI) I know included the sale of current customer contracts and I would assume some sort of NDA to protect the buyers although I didn't see that language. Add in the fact that these guys have sold everything except for building in Red Bay, AL but they sold the FFE in there. Everything has been monetized other than this and some inventory in locations that I don't know where they are so I assume are $0. So why not chapter 7, why Chapter 11? What are their plans?