I think you will find that your proposed deal very well might be against the law in state the they are redeemed in. I assume your state does not have a redemption program and would not likely be aware of the laws in the other states.
Notice the redeem price is far above scrap value. The tax payers of those states are paying for the loss of these programs. Along with paying above scrap price the taxpayers are paying for the facilities, employees to operate them. Tread carefully before proceeding. Mike
**UP DATE** I obviously did NOT read the question purposed, sorry. I expect the same legal problems would occur for the same reasons. The redeemed price would be far above what the scrap price would be and again the tax payers of that state are making up for the loss. Mike
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