GREY:CLRYF - Post by User
Post by
Kamoozon Jan 12, 2019 1:48pm
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Post# 29223228
From what I understand, this is what happened
From what I understand, this is what happenedIf I'm wrong please correct me...
Apparently they reassigned the assets and debt, look at the news subsequent to financials. iLookabout took all the debt on and the assets. CLY gets some ILA shares in return. All but 3 million of those shares were given to the other debt holder. So there is no debt left, no assets other thanILA shares and A/R balance and a shell listing hoping for a new business.