o/s divided into cash and escrow is approx. .01 plus. After a year and a half since the sale Red Oak has not revealed any hidden costs. Any minor expenses should be covered by the interest earned on cash on hand and escrow. Tax on the sale of the business ??? 50 million plus in tax losses??? Why unload at .008???? Still holding 13,000,000 plus.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.