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Re: Testpilot post# 42660

Wednesday, 05/01/2024 8:53:18 AM

Wednesday, May 01, 2024 8:53:18 AM

Post# of 42746
Not going to claim any expertise in these matters, but I've watched a rodeo or two from the bleachers. If isMedia went south of the law and were de-listed, the courts probably stepped in and dictated that their holdings be sold off to help restore those who they were indebted to. Core Optics was apparently the jewel in the isMedia holdings and while those who bought it might have gotten a stellar value, it is likely they did not pay cash. That means the new owners are carrying some level of debt. I'd also say to keep in mind that just because a company is carrying some load of debt, it's not a reason it can't be highly profitable.
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