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Alias Born | 12/07/2003 |
Sunday, July 26, 2015 12:48:03 PM
1. Company grew too fast, took on wobbly debt, debt holders converted, shares had to be added, price got hammered, OVERHAMMERED.
2. $30 million company and growing.
3. Added two contracts this spring for cleaning major league baseball stadiums. That's a combined 162 events of cleaning. What does a company make in net profit for cleaning a stadium for one night? I don't know but I bet if you do it 162 times it's not chump change, and will contribute to the bottom line.
4. Once the convertible debt is covered, if the CEO follows through on a buyback, those who invest at these fractions of a penny are going to do just fine, thank you very much.
5. Most labor hiring companies that survive and thrive end up being cash cows. This one will do both.
Wait. Watch. Learn.
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