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Re: None

Friday, 07/03/2020 4:27:12 PM

Friday, July 03, 2020 4:27:12 PM

Post# of 6329
According to their filings, they did recently receive over $600,000 in funding from the government for the PPP program.

Looks like before this, they were basically insolvent. So at least they pulled that off somehow.

Interesting note, they are once again divesting sky auction. So it looks like the bet is on Restaurant.com.

As a shareholder at least they are still alive and have a chance, it does make me chuckle that they got the government monies. I do not believe that program was intended to fund a company that was already bankrupt and not paying their obligations over a year before the covid-19 virus existed. Looks like they got to pay themselves with that money.