RE: NEWS ... our holding CTCT CHX and VVI are dumpsters for failed F&M projects. Unfortunately AAB has provided several million dollars (maybe 4?) in financing to these entities over the past 2-3 years.
Here's an amazing stat. VVI has a retained deficit of $333 million dollars. Bharti was recently quoted saying that every one of his companies has the potential to be a billion dollar company. Does a negative billion dollar company count? Can't they realize a tax benefit by putting a profitable business into this entity instead of just leftover trash?
Oh, I see that Cash changed its ticker to PIT. Seems appropriate.