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Re: martydube post# 6409

Tuesday, 03/14/2017 1:22:04 PM

Tuesday, March 14, 2017 1:22:04 PM

Post# of 6673
Bud every store was stolen. What I mean is that they are leased. The money for lease improvements was put up by the common share holder. The preferred shareholder held the assets along with the banks. This boxs they leased are only worth the empty shell of the building to the banks and the preferred shareholders.


All the other junk today is worthless. The venders walked, couldn't pay the leases never mind what was owing the common shareholders for lease improvements. The preferred are always paid first for storing the useless crap that the common shareholders financed.


The lease is considerably more then what the fire sale brings in. Another move by insiders to cash in cause of spineless directors working for the establishments and suggested by the same folks to hire them as directors.

Talk about the fox watching out for the turkeys " common share holders "