Sunday, September 11, 2011 12:35:48 AM
Crowne is aquiring all this land hand over fist, but they have little for equipment to work it. Now, instead of buying their own equipment, they partner up with a well established company that has their own equipment and trained people to run it. Saves on that large cost, depending on the scope of the work.
The company I work for recently bought out one of our competitors. Before we were told during one of our meetings, we had to sign a non-disclosure agreement, or we had to leave the room. I can understand that Crowne would want to keep something like this a secret, and not tip their hand. So they are going to quickly deny any such news. Someone could have just opened up their big mouths out of turn.
To me, their denial of a "buyout" just sounds very protectionist, as though someone jumped the gun.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM