Cemtrex Inc (CETX)

[lucky2505]

So...scam company CETX completes the sale of its largest business, about 1/2 of total revenues for the company, for only $7.1 million.....

And I'm going partially from memory so correct me if I'm wrong about the following. Saagar purchased ROB for $5,609,100 plus additional acquisition expenses of $661,073 and then purchased the building ROB occupied for $5.5 million. In addition, the boy wonder paid approximately $9 million for Periscope, which he folded into ROB. If that's the case, the mini Govil only got out of ROB a third of what he put into it; and that doesn't include all the money he spent over the years as he turned it from a profitable operation into a money losing failure.