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benlurkn

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benlurkn

Re: ANIA77 post# 21970

Tuesday, 02/09/2016 5:08:45 PM

Tuesday, February 09, 2016 5:08:45 PM

Post# of 30670
Yes. Used auto parts is their major business! That is why they can be profitable now with low metal prices and earnings will rapidly increase as metal prices recover. This new aquisiton I believe will be extremely luctative as Arif blends it with his existing operations. I think he sees it as a deal of a lifetime and thus he was willing to put his own property in as collateral for the SBA loan and opportunity to enable him to acquire this new business. It could pay huge dividends in near future in my opinion. IMHO
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