InvestorsHub Logo
Followers 38
Posts 4894
Boards Moderated 0
Alias Born 12/30/2004

Re: hweb2 post# 90869

Monday, 09/13/2021 5:15:49 PM

Monday, September 13, 2021 5:15:49 PM

Post# of 116669
SGMA There is quite a history on that Wagz acquisition. Wagz had bought out a business that had filed for bankruptcy (the name of it escapes me now). That earlier business owed SGMA a few million dollars. SGMA worked out an agreement with Wagz on the money. It sounds to me like maybe SGMA doesn't want to admit they made a mistake and in doing so are getting themselves deeper and deeper into that pet business. The history is in the proxy.

My bad for dumping my shares in the low 7s though.
Good luck to those holding.
Join InvestorsHub

Join the InvestorsHub Community

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.