All American Pet Company Inc (AAPT)

[Pitt Bully]

A former Rams QB was a major private equity investor. I saw this person speak at an investment conference. I remember him talking about how important management integrity was in his firms investment criteria. Imagine this private equity firm looking at AAPT's balance sheet and seeing the giant payroll tax liability, unpaid judgements, past due vendors bills, labor claims and management bonuses, coupled with the lack of oversight. How can anyone say that a sophisticated private equity investor would invest with AAPTs current management team no matter how good their products were. The people that want to avoid discussion of the past obviously want to ignore the blatant reality hat AAPT management has no integrity whatsoever, and they did not properly serve the interests of their shareholders.

Thanks for the complement Mom.