GREY:LGLTF - Post by User
Post by
Muddywater2013on Jan 30, 2017 9:17pm
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Post# 25775499
BMO
BMOI wrote off my investment a year ago, and BMO sold their $12 million bad loan for a meager $3 million after 1.5 year of trying. They wrote off $9M big ones. BMO is no dummy. For them to take such a drastic loss, they must have given up all hopes to salvage more or tried hard to find a buyer.
Management had a very long time to fix things and obviously didnt work. Why blame the new buyer , Alex or other posters. They did not cause the chaos. Fomer management of Loyalist Group did!!! BMO moved on, I moved on, and life goes on. Andrew Ryu probably moved on as well.