Replies to post #1159 on Genesis Worldwide Inc (fka GWOW)

[temp luvs amy]

If they are the same stock, they should be up to their necks in lawsuits. Possesion of the coil steel technology and denial of the connection would indicate an attempt to defraud the GWOW investors of their rightful property.

I tried to link the $7 million DIP financing from the Chapt 11 to the canadian public offering, but couldn't make any connections on it. Finding out where the $7 million went in the DIP financing for GWOW.PK might lead to some clues, but all it gave me was an unfamilar financing nameplate.

[temp luvs amy]

Debtor in possession is used by a "going concern" to exit bankruptcy, and apparently, GWOW closed it's Chapter 11 case with the DIP financing at about the same time that "GenesisTP" came up with the coil steel machining. I could not find any trace of the way the $7 million was handled, but I haven't tried the court records yet. (its about 8 cents a page, from PACER)