Wednesday, September 19, 2018 10:57:24 PM
There's nothing remotely serious here.
They destroyed the cap structure, and shareholder value with it.
The new guys will reverse it (the biggest reverse I've EVER seen) and then do the same thing ... toxic debt, high salaries, insider double-dipping ... with fluffy PRs that will bring in some suckers.
Then some other new entity will take over, rinse, repeat.
It's sad. People work hard for their money. To get suckered like this is just wrong. I went back and forth with some on here, but I don't want to see anyone get screwed, like BR and Kingman and CJ did. Just screwed.
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