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sctts

11/26/12 11:14 AM

#79289 RE: Bobinsd #79288

I am confident that the acquisition of MSE was a step in the right direction....but I suspect that as Jim was able to more accurately gauge the financial health, he found some landmines that were hidden before. That, plus the probable lack of cooperation of those authorized to "sign off" on the from the other side, threw up a red flag that Jim couldn't ignore. Thus the eventual fallout, thank goodness.

I suspect, that being the businessman that he is, Jim will cherry-pick the now bankrupt company for what will turn a profit, and leave the "hypersonic" end of the business to die on the vine.
We will be then be getting the "benefits" of an acquisition at a fraction of the cost. Or will it be a fraction of Jim's cost...very confusing.



Nice analysis, :)

SuperNova$

11/26/12 11:25 AM

#79290 RE: Bobinsd #79288

I agree with your take on this, well said.

DANB187

11/26/12 11:38 AM

#79291 RE: Bobinsd #79288

I think you should be a little concerned as to why Jim is no longer listed as the "owner" of MSE on their website as well as why the PR's on his newly appointed managers have also disappeared...seems a little strange to me. It's almost like those events never happened!