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whatthehell

01/27/15 11:55 AM

#18581 RE: Skeptical #18579

sounds like the bank has little interest in Viropro. In the letter from Cohen regarding the bank taking back the building he, not the bank, says Alpha is totally owned by Viropro.

Bepractical

01/27/15 11:57 AM

#18582 RE: Skeptical #18579

If the title wasn't transferred then that seems to be the argument. I think that's why Cynthia was inquiring. If that is the case then that would render the shares or THG and SH null, I think, I'm not a lawyer so don't quote me on it.

That would absolve Viropro of the debt obligations for that facility. However, for all I know, Viropro did have the title but now shows they don't because the asset was seized back.

Unfortunately, CT definitely has an issue IMO of the email records she did turn over, there is too much overlap between her personal account and Viropro business.

If Viropro was duped and never given title of the facility and then in turn got it taken over through share majority that truly didn't exist then I would think a counterlawsuit in the tens of millions should be filed. SH is apparently broke, but then you go after THG as well for the irreparable damage that has been done. It won't go to the end, but rather be settled. Retail still loses as the damage has been done.

Depends on who is willing to spend the money to continue the fight, at this point, it wouldn't surprise me if CT went the distance as there has already been lots of money in legal expense dedicated. Deep pockets matters most here.