GREY:MMNFQ - Post by User
Comment by
ElkInvestorCAon Dec 04, 2019 3:44am
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Post# 30419891
RE:RE:RE:I’m still largely concerned MMEN will be bankrupt by next yr
RE:RE:RE:I’m still largely concerned MMEN will be bankrupt by next yrPIGGY HAS RUN DRY - No they have approx 40+ million in the bank
NO MORE LENDERS - Yes, they are still funded by GGP
SPENDING TWICE THAN MONTHLY SALES - No, they are expanding and putting funds towards more storefronts
SELLING ASSETS TO STAY AFLOAT - False, Part of cost cutting plan
TERMINATING EMPLOYEES - Again, a positive - cost cutting
INDEPENDANT BOARD OF DIRECTORS - Not true either, there are some indy's but not all. Again a good thing
MUST I CONTINUE? Please NO!