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Bullboard - Stock Discussion Forum Daseke Inc DSKE

Daseke, Inc. is a transportation solutions specialist. The Company is engaged in servicing industrial end-markets through a fleet of more than 4,700 tractors and 9,600 flatbed and specialized trailers, and has operations throughout the United States, Canada, and Mexico. Its segments include Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering... see more

Bullboard (NDAQ:DSKE)

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Comment by JohnnyTSXon Nov 12, 2019 5:44pm

RE:RE:Look for email address near bottom of this and REPLY

Just sent an email along with my thread of IR communications over the past 5 months that indicated that a full earnout payment was forthcoming on several occasions. I also asked if the goodwill ...more  
Comment by tadjames1on Nov 12, 2019 5:16pm

RE:Look for email address near bottom of this and REPLY

We must stick together on this so every shareholder reply to : Info@avedaearnout.com As per the email. Class action coming and will hurt Daseke....
Post by tadjames1on Nov 12, 2019 5:14pm

Look for email address near bottom of this and REPLY

Calgary, Alberta--(Newsfile Corp. - November 12, 2019) - 2111943 Alberta Ltd. (the "Aveda Nominee") wishes to provide an update to the former shareholders of Aveda Transportation and Energy ...more  
Comment by JohnnyTSXon Nov 12, 2019 5:07pm

RE:There it is...

"Such written decision of the Third Party Auditors as to the Disputed Items shall, absent manifest error, be final, binding and conclusive on the Purchaser, the Company Nominee and the Company ...more  
Post by JohnnyTSXon Nov 12, 2019 4:45pm

There it is...

They're screwing us, fellas. Check this out: Aveda Nominee Provides Update to Former Aveda Shareholders https://finance.yahoo.com/news/aveda-nominee-provides-former-aveda-213000245.html
Comment by zadmanon Nov 12, 2019 3:52pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

I can't see how Daseke can dispute much.  The methodology of the calculation was clearly laid out as part of the deal.  I guess there could be some grey area regarding the business aveda ...more  
Comment by JohnnyTSXon Nov 12, 2019 3:50pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

They owe me $50k as well so I feel your pain. As for the earnout, i wonder if the goodwill impairment charge is what's in dispute (if there isn't a dispute). I'm going to go over the ...more  
Comment by tadjames1on Nov 12, 2019 3:43pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

The last 2 Investor Relations reps told me it would be maximum payout... Should be no debate
Comment by tadjames1on Nov 12, 2019 2:44pm

RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

Regarding Werklund.... I guess we don't know which option he chose ? He could have been paid out at, I think was close to a dollar ?
Comment by tadjames1on Nov 12, 2019 2:42pm

RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

They owe me 57 grand.... Pay up !
Comment by JohnnyTSXon Nov 12, 2019 11:20am

RE:RE:RE:RE:RE:RE:Aveda Earn Out

Just listened to the call. Update was mostly a nothingburger, however reading between the lines I'd say the earnout calculation is being debated between DSKE and the Aveda representative.
Comment by Believeitornoton Nov 07, 2019 8:28pm

RE:RE:RE:RE:RE:Aveda Earn Out

Guys, check out the SEC fillings, they quietly did financing in mid October, we will get the  payout soon. 
Comment by zadmanon Nov 07, 2019 10:51am

RE:RE:RE:RE:Aveda Earn Out

You can bet the controlling interest in aveda who negotiated the clause will ensure its calculated correctly.  Why wouldn't werklund look after his own interests?  I suspect it all gets ...more  
Comment by tadjames1on Nov 05, 2019 7:46pm

RE:RE:RE:Aveda Earn Out

Yes, I was told over and over they had accrued the full earnout and it was just a matter of auditing. If they decide not to pay now, there should be a lawsuit. I'm sure that Aveda management ...more  
Comment by JohnnyTSXon Nov 05, 2019 12:50am

RE:RE:Aveda Earn Out

One counter argument is that they were in fact accruing the full earn out amount as of last quarter. I guess we will find out in a week what is going on and what is to be with our money. Based on ...more