My company has been working in korea for a number of years with a korean partner. However this partner appears to be on the verge of bankruptcy, owing us a significant amount of money ($m's). I would like to find advice on the best processes to take to recover as much money as possible and what to do in the case of bankruptcy of this partner.+4 Other Responses
Our company has several public companies in our control and one of which, we have structured the re-org and all associated resources to bring the company current, including two years of filings to the sec and any/all regulatory agencies. The group® has positioned all the resources including preparation of all financials for audits and filings upon receipt of funds and we are well versed in the otcmarkets to accomplish the task.
The opportunity is to loan/fund/partner with the group®, and provide, $65k to bring the company current with all regulatory agencies filings and two years of audited financials. At this point we would file a 15c211, however, if pubco had an intended target, then we could file two years of the private company’s financials, w/w.O audits with the 15c211 which would expedite and, simplify the process including the economics. Once current with the sec the shell is worth ~$400,000
we can provide the majority share control block of the public company as collateral. Also, we would entertain having an equity partner as well.+1 Other Responses
Terraform Power (terp)
Terraform power owns and operates renewable energy assets (solar and wind). They are currently embroiled in the bankruptcy proceedings of sunedison (a solar / wind development company, and the parent company of terraform power). We would either like to talk to someone familiar with this specific situation, who can talk to us about likely outcomes from the bankruptcy proceedings, or to someone who is familiar with yieldco structures. For reference, this is the business structure that sunedison used to form terraform power, and ultimately we’d like to talk to someone about the sustainability of this business model / structure going forward. The ideal expert would be someone who used to work for sunedison, who currently works for a renewables yieldco (there are others not just terp), who is a clean energy consultant familiar with the situation, or an investment research analyst familiar with the business structure. Please respond with your relevance to this request and a few availability windows for a 1 hour paid phone consultation.+undefined Other Responses