Replies to post #13180 on RVUE Holdings Inc. (fka RVUE)

[Nate19]

There are actually specific regulations depending on what they plan on doing. So until we know, it's hard to say.

[xZx]

if roche enterprises wants the tax advantage now, there's no time like the present. RR's obligations as a board member and majority shareholder also require that he take action once RVUE is dissolved. he's fully aware of fidiciary duties, and his lawsuit against former ATV directors proves it.

The Company alleges that the Defendants breached their fiduciary duties and engaged in mismanagement of the Company’s business, including but not limited to wrongfully removing Mr. Robert W. Roche as the chief executive officer of the Company, exposing the Company to damages for breaches of contractual obligations, refusing to pursue valuable business opportunities and subjecting the Company to unnecessary severance costs resulting from the wrongful termination of certain Company employees. The relief sought by the Company in connection with the lawsuit consists of (i) initial monetary damage claims comprised of (x) US dollar denominated damages of approximately US$26,326,389.76, and (y) Renminbi denominated damages of approximately RMB 120,045,222 (equivalent to US$17,433,989.57utilizing a conversion rate of 0.1452 as of November 30, 2016)) (ii) costs and (iii) such further or other relief as the Cayman Court considers just.

http://www.acorninternationalir.com/home/press-release/acorn-files-lawsuit-certain-former-directors-alleged-wrongdoing/