Post by
prested on Feb 01, 2023 1:17pm
Another nail in the coffin
I guess ENTG would have been declared bankrupt long ago where it not for the injections of cash from Liuna. Even at the usurous rates being charged it must be deperate to defer telling it's members why it has otheir hard earned pension funds in such a loser. The comment that they will use the money to help achieve "profitable growth by the end of 2023" is a joke. It merely means they hope the losses will be contained at the present level, which are unsustainable. If I wasn't so busy feeling sorry for myself I would be sorry for Liuna.
Comment by
ggrellette on Feb 06, 2023 1:51pm
Do not feel sorry for Liuna they are professionals. This is the end of the line for this company. This is the last chance for them to make it work to be a viable company. There is only 2 options here left: 1) become successful or 2) Go bust(Bankrupt) that is the reality here.