InvestorsHub Logo
Followers 1
Posts 520
Boards Moderated 0
Alias Born 06/07/2011

Re: Jm08 post# 16201

Friday, 03/02/2012 1:29:11 PM

Friday, March 02, 2012 1:29:11 PM

Post# of 31175
Jm08, please read all of the SEC filings. They show all historical finances of this company. They also show the employment agreements in respect to how much time has to be dedicated to Cono Italiano. If you read the filings you will see that the company has accrued a significant amount of debt in it's development phase. The majority of this debt is owed to Mitch as he has payed for most of everything with his own cash; the filings detail this. He is the biggest investor in this company; he could not walk away from the company without losing hundreds of thousands of dollars. Also, it is importation to note that his shares are restricted and cannot be sold for a few more years. Again, please read the filings

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.