Galenfeha, Inc. (GLFH)

[Mvp1183]

Knight in Shining Armor. Yet they did dilute stock when they defaulted on the Power Up loans. That cost quite a few shares. Keep scooping up those cheap shares, just like GLFH keeps burning through those LOC. Management has leveraged everything they can possibly leverage. Credit Carf receipts, Vehicles, Accts Receivable, Personal Guarantees, $123,000 1998 Vans, Equipment, and I’d imagine the kitchen sink they borrowed from their Momma’s house. When asking about the Fleaux Deal, the reference is Fleaux Services not Fleaux Solutions. It can be confusing, especially since it’s all owned or managed by the same people. What about the $18mm Fleaux Services Deal? That hasn’t really developed into anything. Keep buying these shares, who knows you could end up owning a whole lot of something, that management turned into leveraged paper.