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naturalborninvestor

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naturalborninvestor

Re: naturalborninvestor post# 48635

Sunday, 08/13/2017 10:48:15 AM

Sunday, August 13, 2017 10:48:15 AM

Post# of 58072
It really is striking. There were only $25 million left of the Kalani deal (after raising $700 million in total). Then GE announces to triple the OS to >100 million shares and the market goes wild. In return for this dilution, we get 49% in Heidmar (another company owned by CEO) of which we don't even know if it is profitable. May just be an easy way for GE to get rid of a deficient business. He is a genius salesman!
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