GREY:RGVNF - Post by User
Comment by
stocktalk2on Jan 23, 2009 10:45am
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Post# 15723576
RE: Good Morning Stocky/Lucky
RE: Good Morning Stocky/LuckyActually Curtis, management has not avoided deals that have become major problems and that is why nothing has been completed for 3 years. Whether you look at the deal with Wolfgang,which was very good for Wolfgang and his old buddy Ed, or any other potential deal it always seems that there are numerous issues with the deal weather it's the groups past, or a fund, or past affiliations. That more than anything has been the crux of the issue. This group has not been very good when it comes to due diligence, hence the deal with ASD, and we all know where that is today.
Using your criteria, if nothing gets done for the next 5 years its because management is doing an amazing job of avoiding problems. That is only one aspect of their responsibility. Building a company is the number one priority and there is no building going on here. We have been hearing the same "potential" deals for the last 5 years.