InvestorsHub Logo
Followers 66
Posts 1920
Boards Moderated 1
Alias Born 06/14/2001

Re: John Kent post# 504

Monday, 06/19/2017 4:10:40 PM

Monday, June 19, 2017 4:10:40 PM

Post# of 31087
revenue is side note - its the billionaire that is of interest of course. It's not like he took 'interest' suddenly. It looks like to me they made an agreement with his company to lease an aircraft for 70k/month back early 2016 - they were in debt 700k, so what? Didn't pay for 10 months? Made a deal to basically hand control over to him while they axed employees left/right center. They essentially gave the company up for nothing.

It's not as sexy as it looked first thing in the morning once you dig around IMH. Revenues holding is good, but slid since December.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.