If as I read CMQ has "consigned" the stock to a POTENTIAL buyer, the question is who owns the stock.
In the event of liquidation by the buyer the stock would be owned by CMG. The case could rest on how CMG treat the stock.. as still owned by them until sold or returned by the buyer. It seems to me it's a "claytons" sale and you can bet it's not treated as a debtor in the books of CMQ or a creditor in the books of the buyer, but what it is ......"consigned" stock still owned by CMQ until sold.
Just my opinion though
cheers cfdsRus.
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If as I read CMQ has "consigned" the stock to a POTENTIAL buyer,...
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