Replies to post #42234 on Yuengling's Ice Cream Corp (YCRM)

[Gtc_123]

I'd guess it's due to payouts of attorneys, old management, debtors (outside of the cash payoffs), financiers, etc. These deals, while cheaper than standard IPO, are expensive. Lots of people to pay and old management had 0 money. Literally made $0 in 2022 and $20 in Q1-Q3 2023. Had to resort to shares to pay for pieces of this deal.

[RR67]

Ya missed the boat holding out for .007’s
Lol