It's important for people to know that the printers were disables/stripped of vital components.
The sale of the printers raises a few questions,
Did the shareholders know these were being sold?
Who is buying them?
Will a new competitor buy them?
Is this dangerous for the shareholders to have someone else buy these printers without knowing who it is that is buying them?
Will the end up in China?
What is the legal status of selling these printers?
Has the seller followed proper legal process to have the right to sell these goods?
Are these assets registered with the government's asset registry?
The laws around a lien on goods, i'm not that familiar with. I did read it once but have forgotten. I do recall that the laws that should apply in this case is either a 6 or 12 month process. I say this because, If it is a 12 month process for an owner of a factory to have the legal right to sell assets over a certain value, I can say it has not been 12 months since the locks were changed. I'm pretty sure the assets are to be advertised for some time before any owner of a factory could sell items.
I'll leave it to you guys to find out the answers to any questions you might find relevant.
T3D Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
