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Adam: I don't think they deliberately ran it

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dlewisfl   Tuesday, 09/05/17 02:11:39 PM
Re: Adams2 post# 4615
Post # of 4646 
Adam: I don't think they deliberately ran it into the ground. They tried to acquire several different businesses over the years and they failed on each and every one of them. Chariot Trailers was probably the biggest fiasco, they really diluted the stock when they acquired that and then it was handed off to Ken McCleave with stories of AACS shareholders receiving AFBG stock (which never happened). The recent Car Rental deal that was rescinded late last year was another disaster, allegedly cost AACS $400k.

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