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Re: MrT11 post# 24689

Tuesday, 08/30/2016 11:15:22 AM

Tuesday, August 30, 2016 11:15:22 AM

Post# of 112795
GLGI is run like a private company. they failed in an attempt to retrieve the shares held by the public a couple of years ago so the common shareholders are inconsequential to them. the real money is in the preferred shares and 2/3 of the profit went to those divi's. those preferred divi's are only limited by their debt covenents and will only rise as the balance sheet improves. the shareholders will never get more than leftovers.

"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
(Alexis De Tocqueville)

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