It is a clean shell. And I have continued to say, once those that are currently "in charge" have been removed AIMH will remain unscathed.
There are no unsettled or pending lawsuits, late or negligent filing of reports with the various regulatory bodies, environmental or other problems with the shell. It is clean and ready to go.
Definition of a Reverse Merger: A "reverse merger" is a method by which a private company goes public. In a reverse merger, a private company merges with a public listed company with no assets or liabilities. The publicly traded corporation is called a "shell" since all that exists of the original company is its corporate shell structure and it is clean because it has no assets or liabilities attached.
Notice nothing was said about presidents or directors possibly being attached to it, only assets and liabilities.
The R/Ming comapny won't care who was "in charge" before, that doesn't matter at all. They will only be concerned with the share structure, and the person constructing their new deal. They know their own company is a good comapny, and they're not going to care about some guys who won't even have ties to AIMH anymore.
Simple as that. Once these guys (Morey, Marchi, and Kidder) are removed the share structure and the loyal share holders will be all that's left. ;-) Then we can complete a new and much better R/M deal.
Alex I