Post by
v_guerriero on May 16, 2022 8:07pm
REKR sales collapse 20%, issues more equity, buys EBITDA
The new ITS playbook is here.
You watch sales go down. You lose money.
You buy more EBITDA. You issue more debt and equity to pay for EBITDA.
Rinse (shareholder) and Repeat.
Comment by
mrmoribund on May 16, 2022 11:04pm
Maybe Rekor just isn't a very good company. I've been saying as much for a year plus.