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Wednesday, November 17, 2021 1:28:53 PM
THIRD BENCH Holdings is a holding company for three subsidiary companies operating as an architectural millwork and dealers in the cabinetry, kitchen and bath areas. THIRD BENCH, through its subsidiary companies offer products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. THIRD BENCH also provides installation services as a part of its vertical offering. The company provides its products and services through its architectural millwork and retail facilities, currently located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona. Third Bench employs over 140 people and had revenue in excess of $18.8 million in 2020. Third Bench is on a run rate of over $24.0 million for 2021 and is cash flow positive. These projections have been provided by management and do not include the additional acquisitions that are currently under review.
https://www.otcmarkets.com/filing/html?id=15055260&guid=FE3wkFYv2ulGdth
BearRickPunch Wednesday, 11/17/21 01:08:28 PM
Re: Grissle post# 77694 1.000 Post # 77697 of 77699
That is incorrect. Third Bench has only 3 employees according to their LinkedIn. The 3 supposed companies they are supposedly associated with have a total of 140 employees. Yet NOT ONE of those 3 supposedly subsidiaries have anything about Third Bench being an umbrella company ANYWHERE in their social media, websites, public relations accords or LinkedIn accounts. And those financials? IF they actually release financials that aren't blank pages or just a bunch of hot air numbers that don't show how they are getting revenue, then how do we know that they are audited financials?
Meaning, do they have a company actually auditing their revenue and expenses? Do they have an accountant in house that does this?
It obviously looks all pretty convenient.
$NECA
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