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DD_dempsey

12/07/17 12:32 AM

#14194 RE: dangerx #14191

Great question regarding merger and $EHOS

No. Thy do not have to take on the debt of the prior management. Especially since it's dated so old- the debt could be reprieved or even eliminated completely. Most of the time - the reverse merger entity coming in - those financial statements are what survives the entity merger. So in that case - it would be the finances of the merging company coming in.

Hope that helps

JellyDonut

12/07/17 5:04 AM

#14196 RE: dangerx #14191

A clean shell is very important imo