Alpine 4 Holdings Inc (ALPP)

[shareslanger]

Maybe the paper printed that wrong and meant to say 6.7%. That would at least be plausible. 67% of gross revenue is the dumbest thing I’ve ever heard of. I mean riser said something dumb about peanut butter and jelly a few posts ago, but that was nothing compared to the dumbness of this. The LTTC bend over team, I mean deal team, is looking about as dumb as a one legged dog doing the two step. Where the hell is the LTTC board? Is there even a board? How the hell could they appoint a CEO that agrees to a deal like that. Is part of the contract that he gives the warden a reach around too? Good thing this LOI is not finalized. The ALPP team would be wise to remember the lessons of the VW acquisition and the bad apples that can come with it. The potential for the LTTC business may be there but not with people who agree to 67% of gross revenue commissions leading the charge. Upon closing of the deal, heads need to roll. You can give Burgesses a nice little 67 cent parachute on his way out. And as the door hits him in the ass, remind him that burying yourself in debt, while giving away 67% of your revenue, and defrauding the police department, is probably not a winning business model.

On a brighter note, I hear QCA is kicking ass and taking names.