To me it reads we are moving all revs. (if any) and assets (whats left) from TGGI into Green Energy Savings Corp. but leaving the debt (all of it except the notes associated with the Rollings.Com acquisition..) in the parent company TGGI. It seems clear to me.
Now the fun starts... One thing that has bugged me about this deal is the Rollings.Com acquisition... I have never seen anything about Rollings.Com until this month.
Look at the Filings and pay CLOSE ATTENTION to the "Notes Payable" page 7.
So according to Conman Clarkes own filings they just happened to find a sub they borrowed $100,000.00 to acquire and then forgot they had from 2010 till the 3rdqtr. of 2012?
And oh yeah the debt for that deal is not included in any other TGGI debt deals?