Replies to post #21139 on Atacama Resources International Inc (ACRL)

[Suvorov]

Can't do that, you just can't dispense liabilities, toxic debt and other obligations by a resolution of the board or by waving a corporate wand..

You can go to Delaware and 'sanitise' the stock and go through an S1 registration process but in that action you would leave the current shareholders with just about nada.