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The financials were a mess....their debt was absolutely

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Ricosauve   Monday, 05/20/19 12:21:56 AM
Re: MikeyInTheD post# 31437
Post # of 31439 
The financials were a mess....their debt was absolutely enormous....a few years ago they were trying to buy another private event company. Cool events, which did $20ml in revs and was profitable ....but they couldn’t get any more financing $ and the deal fell thru....ironically, Cool Events Inc bought into $RNWR shell to go public last year and is trying to get the ticker and name change completed thru Finra....they are doing sick revs this year....I’d love to see them buy an event or two from $SAKL w their profits....what a turn of events that would be....I banked on SaKL here during its huge run....they spent big $ promoting the hell out of it back then, and it worked for a while....but I got out at the right time.....too bad that other company basically is stealing Lantern fest locations and events going forward....since SaKL essentially has no $ to fight it....I saw him mention they were basically insolvent...in that article

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