OTCPK:APHWF - Post by User
Comment by
Happy007on Nov 06, 2020 11:19am
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Post# 31851442
RE:RE:All Debts Retired & Let The Dividends Begin!
RE:RE:All Debts Retired & Let The Dividends Begin!
kingofbay@gmail.com wrote: They also have a massive amount of tax loss carryforwards due to the losses from discontinued ops. They wont be paying any taxes for a very long time. This is the perfect candidate for a privitization as there is no reason to be public for them as they dont need to raise any capital.
I don't believe they want to go private, if they did they wouldn't have gotten rid of Acasta CEO's take their place and pay off 100 million that was owing in debts(which they have paid off successfully) Basically if they wanted to go private they could have done it without paying 100 million in debts. Staying public was Apollo's choice. Plus it would be kind of silly to go public now that all debts are retired and you have amazing cash flow.