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trader59

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trader59

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Re: MWM post# 41862

Saturday, 04/04/2020 7:51:37 AM

Saturday, April 04, 2020 7:51:37 AM

Post# of 59315
Fairly sure the term used was “technically bankrupt,” meaning they’re underwater and losing money. In the one full quarter that has been reported since the acquisition, the operational loss was just about equal to the revenues. Making up a half million dollar quarterly loss takes a ton of $250 setup fees plus $95 a month deployments.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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