Replies to post #8503 on UAV Corporation (UMAV)

[joecanouse]

interesting....who actually records this stuff, the company of course:

"The remainder amount after the purchase of the various promissory notes was, in turn, used to eliminate all liabilities against the company for services legally rendered, properly and timely invoiced, and duly recorded."

[joecanouse]

more interesting still:

"Before this sale of shares, the operations of under MCII’s subsidiary, No. 1890357, an Ontario, Canada corporation, were
spun out, per the Rearrangement and Split-off Agreement, which was Schedule B of the Purchase Agreement signed by Success
Holding Group. All shareholders of MCII prior to the sale of shares (that of January 29, 2014) became shareholders of the spin off in No. 0890357, which thereafter became a private entity. These operations entailed all operations prior to the purchase of shares. This spin out arrangement completed on January 29, 2014."

therefore any creditor of mcii is also a creditor of the private company