(Total Views: 133)
Posted On: 04/24/2023 4:11:44 PM
Post# of 13190
Re: ThreeEmInEn #4416
So you wanted the company to keep paying on equipment that the company would not have a use for in the foreseeable period of time.
Seem like a terrible way to do business, doesn't it?
Take goodness the CEO found a buyer for that equipment, knocking off 8.9 million dollars of shareholder liability and deficits sure seems to be a plus for shareholders.
Would have been a bad business decision to hold on to that equipment with no place to use it, right?
BTW
I heard Elba Power Corp has been approved for a 50 million dollar insurance wrap,
And it has only been in operation with no revenue for such a short period of time too.
That must be some super business plan to get that approval. don't you think?
Seem like a terrible way to do business, doesn't it?
Take goodness the CEO found a buyer for that equipment, knocking off 8.9 million dollars of shareholder liability and deficits sure seems to be a plus for shareholders.
Would have been a bad business decision to hold on to that equipment with no place to use it, right?
BTW
I heard Elba Power Corp has been approved for a 50 million dollar insurance wrap,
And it has only been in operation with no revenue for such a short period of time too.
That must be some super business plan to get that approval. don't you think?
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