Posted On: 09/15/2015 12:35:16 PM
Post# of 139
CEO of SAKL, Richard Surber, explained the acquisition, “SAKL was able to position itself in such a fashion that we were able to acquire these well known and successfully branded events for what I believe will prove to be a bargain. The bottom line is that Springbok appears to have fallen into a cash flow problem that they could not solve without our help. We will infuse up to $250,000 this week to help relieve some of Springbok’s short term cash flow needs. Over the next 30 to 60 days we expect to raise up to an additional $1,800,000 in mezzanine capital. The capital will satisfy the cash needs of Springbok, set the stage for a stellar 2016 event season for all of our brands, and will allow SAKL at a minimum to regain fully reporting status with the Securities and Exchange Commission.”
(0)
(0)
What I post is my opinion. Do your own DD. Make your own investment decision. Links, images, & retweets are not endorsements.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
Scroll down for more posts ▼
