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Re: gophie 17 post# 202342

Wednesday, 06/06/2012 6:45:02 PM

Wednesday, June 06, 2012 6:45:02 PM

Post# of 202893
gophie- the only assets the company may have are the licenses, which are certainly not considered hard assets. How much are the licenses worth if the fees aren't paid? They farmed out all manufacturing so they have no equipment to sell. What's left? Goodwill? From the list of creditors not much of that either. Bottom line here is there is apparently nothing left to satisfy creditors. If they can break that corporate veil they can seize personal assets of the officers and directors, but is a very tough thing to do.

.............al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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