InvestorsHub Logo
Followers 0
Posts 8218
Boards Moderated 0
Alias Born 04/07/2004

Re: catdaddyrt post# 3381

Thursday, 04/14/2011 9:20:05 AM

Thursday, April 14, 2011 9:20:05 AM

Post# of 3622
A few of us on here have been wondering for a while now why the Q has'nt dropped off since the dismissal. As far as financials/revenue filings, Butler International was acquired by Butler America (which is owned by Select Staffing). So what we have is a wait and see game. We also know now that back in late '09, Select Staffing themselves had signed a letter of intent to acquire all of the stock of Butler International. I think Select wanted to use BUTL back then to go public but for some reason the deal never happened. Now they acquired the shell and assets of Butler in chap 11 (BUTLQ may have went to chapter 7 otherwise) I wish I knew what the holdup was. I have emailed several people at Butler America and Select Staffing but received no replies. I still think it will happen when people least expect it. The Q dropping off may be nothing but a few minor legality details.

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.