Xu must have signed off on the new preferred given out to the owners of Racks, which gave Racks 60% vote control. Racks was sold to ACCR for a promissory note of $5.7 Million. Not sure what they bring in each year to justify the price tag but if they actually own their part of the strip they run out of, would be worth quite a bit.
No. The pool hall 'operators' bought the empty shell a-c-cr for ??? amount of cash. Highly doubt the hall was even used as collateral. The guys who allegedly own a hall paid for a-cc-r assets.
And you have handicapped cyber pumping it because that's what he's been all along.
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