However seeking a private placement on the tech division on its own I see problems myself. Eric at that time or at no time disclosed that GestureTek filed for bankruptcy.
If I as a possible lender was looking to invest in a private placement I would be reluctant to do so in that subsidiary versus a lender in WB. What security can that subsidiary offer.? He says its helpful for creditors. I do not think creditors or some will see it that way. ?
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