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06/17/14 3:38 PM

#2596 RE: stocksmarter #2594

With $21,000 in cash between the two of them, they should concentrate on satisfying the contingency. Otherwise, the unwinding will be costly, and the company a shell with no way to pay for its audits. Somewhat difficult to repurchase $1.33 million in stock with only $21,000 in cash. Also, Nevada Revised Statutes prohibit it at this stage of the game.
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Work Harder

06/17/14 4:01 PM

#2597 RE: stocksmarter #2594

It's history, they own it.

amended the PSA to fully execute the acquisition of JD Field Services, accelerating the consideration and making JD Field Services or "JD" a wholly owned subsidiary.