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RE: LeoThread 2024-10-19 03:31

in LeoFinance21 hours ago

The company's deficits accumulated, and bad blood started festering between Eberhard and two minority shareholders on the board. In July, the board voted to remove Eberhard and Snyder from their roles, and Eberhard's replacement, Scott Avila from Paladin Management, began exploring liquidation options in August. However, Fluid Truck received a large, long-awaited payment from a customer, and decided to use that momentum to try to sell the company.