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Churak

09/12/14 10:18 AM

#76227 RE: Renee #76225

perhaps they can issue shares for the payroll taxes...should be lotsa room in the AS now
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stockmasterflash

09/12/14 10:50 AM

#76232 RE: Renee #76225

IMDS was in the same boat

$2 million in payroll taxes in arrears. The government gets aggressive when social security is involved. The corporate veil does not apply. The individuals with "checkwriting authority" are personally liable.

IRS put liens on IMDS and it's assets
IRS put liens on the CEO and her assets

They are all in a world of hurt.