The letter updates investors on the status of their investment in 500 NRI, LP, which invested in Signal Data, Corp. The company has shut down operations and entered an Assignment for the Benefit of Creditors. A deal has been made with a California-based software company to acquire the assets, with a five-year earn-out agreement. Investors are advised to consult their tax accountants regarding the 2014 K-1 included in the package.
documents/EFTA00804020.pdf
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