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dspin53256

07/09/14 2:22 PM

#128546 RE: Mark921 #128545

A shell could be a lot cheaper than that.
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Cassandra

07/09/14 2:35 PM

#128548 RE: Mark921 #128545

PVEC is not viable as a shell for sale due to its massive debt. You are correct that the debt stays with the corporation regardless of who owns it.

Even if Peter Villiotis personally guaranteed some of the corporate debt, the Articles of Incorporation many indemnify him, which is common.