Apollo Healthcare Corp Warrants (03/01/2022) APHWF

RE:RE:RE:RE:RE:In at 2.75

[zalmonella]

I was hoping they would develop more consumer goods products just to diversify away from their core products and gain more revenue/market share.

Yes, I remember that was talked about, but my notes also said watch for a line of medical products - bandages, masks, COVID-related stuff.  Obviously that didnt' happen, and in succeeding reports there's no word that this was ever seriously considered. Blue-skying in a plant under capacity. THere's probably a bit of nostalgia in this for me, too - it's very much like a business I worked for early in my career - food products that was, though. Also started by two brothers, it struggled for years with missteps til the young nephew came on board and really made a go of it.  I was long gone by that time. 

That's the thing that keeps me in instead of cutting and running to more productive sectors.  They've a lot of skin in the game and when things work, it looks like the cash flows readily. The August MD will hopefully address the bad batch and let us know if it's been handled and what the costs were/will be.  I'm pretty far underwater but it's not a big chunk of my portfolio.