Friday, May 09, 2014 9:19:44 AM
ORRV is a treasure hunting company that has 1) no boat (taken for lack of payments of dock fees) 2) no crew (Left for lack of payment) 3) no equipment (taken by employees for past due wages) 4) no contracts (a biggie. they can't dive anywhere even if they did have a boat) 5) No financials (they stopped reporting them when they basically went out of business) and 6) no hope. (the hope this company HAD was ONE deal. they owned 5% of a company that found some emeralds. Turned out that the emerald find was a scam, and the CEO of that company when found out committed suicide.)
Yes it is thin. But the buying side is thinner. they are basically out of business, and I don't think you'll get any buyers when you get ready to sell. IMHO of course.
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