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Cougar6

11/20/12 10:51 AM

#59105 RE: einstock #59104

The settlement and the purchase of the IP needs to be seperate, otherwise Diac gets 28% of the patent which he would not get if it is not rolled into the settlement.

Another factor to consider is that there will not be a payout for at least two more years. I believe the law requires that the company stay open that long to allow any creditors to make claims against the company. The receiver will not be able to make final distributions to shareholders until that period is over. I am open to other interpretations of the law, but I am pretty sure that is what it says.

woops

11/20/12 11:01 AM

#59106 RE: einstock #59104

it is not impossible for a company to exit receivership

litton51

11/20/12 4:23 PM

#59117 RE: einstock #59104

One possibility: a shell. I know of at least one existing corporate shell that could be bought cheap and then used to market the patent and then trade on the market. There are ways for the bold.

StockCroupier

11/20/12 9:13 PM

#59122 RE: einstock #59104

Public Shell idea is a good one that I have researched myself. Wouldn't take a lot of money and once complete would immediately bring value and liquidity.