Looks to me that old shareholders approached Synergy to look in to the assets of the old corporation that had not been distributed so Synergy revived the ticker with the Delaware SOS as they were advised. Synergy got everything cleaned up, by the books. Zurn is now just asking for the documentation, that shouldn’t be hard.
The old company is dissolved, they see TDS bringing CLHI back to life and think they are owed something, wrong, and none will have a case. If the old company is still involved then that would tell me TDS has every right then to the $127 million NOL. That’s worth $5.20 a share with the current SS. So be it. I think it’s a win win, if the old company wants ties to TDS then TDS gets use of the NOL.
TDS stated to buckle up, updates this week, I’m sure they will address this this upcoming week. TDS going to be a nine figure market capitalized company, everyone now wants a piece. They know it’s going to dollars. Not getting my shares down here, again I see it as a win win for TDS.
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