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terry_mathews

10/04/13 9:06 PM

#29290 RE: MODiFiEDZ #29287

Several things don't add up about Trump and HAWK.

If they have $15m in sales and $2 million in profits, 3 facilities with one assessed in 2009 at over $1 Million and inventory from one of their two sites at several hundred thousand, why sell at $9.5 Million?

If HAWK has a $10M equity line and can't dilute, how do they use it all on one deal and still have money for 3 others?

If Ragsdale started HAWK in June, has no business, and is a convicted felon, who finances him to buy these companies with no collateral? Nobody gives up all this cash without demands and the history of HAWK and Ragsdale those demands do not come cheap.