Yep why I sold more 6s today.
IMO seems like a play that is just waiting to get shut down or go to no bid.
I really hate saying that. BUT imo, if the intentions were good initially there was no reason this holding company wasn't created FIRST, not after all these vague updates.
For argument sake, if the new company begins debt free (which I don't think it would... that baggage has to be recognized somewhere.... anyone ever see the movie Fun with Dick and Jane....??? That's the entire premise of why that company was shut down and they were indicted. Don't believe me? It's based on a true story of a telecom billionaire who bs'ed all of his earnings and kept moving into shell after shell..... he's been in federal prison for a while if bit already passed...)
I do hope I'm wrong but hate being a bag holder more :/
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