TC... by "quality of management", are you referring to the fact that Trillacorpe management filed for personal bankruptcy. You are aware that 3 of them did that according to this article. They screwed over there lenders. Living in there homes, but not paying there mortgages. The American way, right? Imo, they're a bunch of deadbeats who used the bankruptcy laws to avoid debt repayment. If that's "quality management", I'd hate to hear what you consider "incompetent management."
The fact that Trillacrope is actually still an ongoing construction company speaks pretty well to the quality of its management team.
Trillacorpe CEO says: He proud to live in his home without paying his mortgage. Frank you should pay back your lenders.
I stopped paying on my house and the other real estate I owned. The other properties were taken immediately, but I was able to stay in my home for six months. After that, I was basically sleeping on the couches of friends and family.
IMO, the SS will double to 165 mil after the merger. On June 12th, we'll find out how long 82.5 mil shares given to Trillacorpe will be restricted for. Considering Trillacorpe senior managers recently filed for personal bankruptcy, don't be surprised when the dumping begins.
82.5 mil shares for merger/buy-out makes sense btw. Trillacorpe's revenues have probably dwindled to $5 mil since 2010/11 were down years.