Posted on 17-Nov-2003 19:18 GMT by bbrv | 161 comments View flat View list |
At today's hearing of the Tribunal of Commerce in Paris a judgment was rendered declaring Pretory, S.A. in bankruptcy and appointing a receiver. The process finally will now begin to transfer Thendic-France's assets to Genesi SARL.
Our situation with Pretory S.A. has been a long and difficult one. In all matters we have cooperated with the French Government and agreed to close the Company in a coordinated and proper manner. Time will demonstrate that we have behaved properly and legally in all respects as shareholders and managers.
In no way will these matters effect Genesi. Finally, we are personally free to devote the time and resources we want to the Genesi.
Sincerely,
Raquel and Bill
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List of all comments to this articleSorted by date, most recent at bottom |
Comment 1 | Senex | Registered user | 17-Nov-2003 18:44 GMT |
Comment 2 | Anonymous | | 17-Nov-2003 18:51 GMT |
Comment 3 | Ron van Herk | Registered user | 17-Nov-2003 18:52 GMT |
Comment 4 | Gunne Steen | | 17-Nov-2003 18:57 GMT |
Comment 5 | Anonymous | | 17-Nov-2003 18:59 GMT |
Comment 6 | bbrv | Registered user | 17-Nov-2003 19:00 GMT |
Comment 7 | Anonymous | | 17-Nov-2003 19:07 GMT |
Comment 8 | DaveP | | 17-Nov-2003 19:08 GMT |
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Thendic-France : Comment 9 of 161 | ANN.lu |
Posted by bbrv on 17-Nov-2003 19:16 GMT | In reply to Comment 7 (Anonymous): @Anonymous 217.157.142.72
1) Bad news does not get better with time.
2) For the record, we were not the "leaders" -- only shareholders. It was when we fired the "leaders" through the Board of Directors that Bill had to assume a management role.
@DaveP -- that was just the tip of the iceberg. Eventually, all the details will surface.
R&B |
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List of all comments to this article (continued) |
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