SBB, CIMA [as an LLC] is not a good vehicle for a publically traded company as they would have to convert it to an INC. first. Many states are excluded or have antiquated laws in this relatively new vehicle so I believe they may have something else in mind. There is no doubt there is a lot of scrambling going on by the Weasels of EXPO. The problem is their mental prowess may get in the way and the IRS reduces them to gerbils on a ferris wheel. This might be most appropriate as I understand they make the best prison pets. Either way EXPO is EXPOSED and more so everyday. JMHO
Time is not on JD's side....and the IRS liens...if ignored by JD.. force lien holders like Southern community to enforce their rights through foreclosure....Southern has been notified :).
Factoring companies are well aware of the process.....NO ADDITIONAL factoring advances without risking the loss of the amount advanced...unless an agreement is reached between the factoring company and the IRS placing the IRS second..And given D&D displays' financial state..NOT LIKELY....it's a sore subject with factoring companies as well...they have been burned in the past.....JD's current factoring company either has...or WILL be notified :). Regarding invoices that were drawn upon before the IRS filing.....specific time-frames apply.
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