Post by
Duediliguyedili on Mar 01, 2020 2:13pm
Sal and 11
Sal their is a reason a company files for reorganization . If you have leases you want to get out of and the landlord is trying to hold you in it gives you leverage alot of leverage. If you owe vendors for product that is to be shipped but held up for payment it gives you much leverage. These are some of the reasons plus it will also basically wipe the shareholders out. Rather than fund the problems you raise capital to fund reorg and the growth. This is not what i beleive is happening but if push comes to shove this is what could happen. I believe based on what i have seen for 3 years that Marcello will do whats in Marcellos best interest.
Comment by
had2chimeIN on Mar 02, 2020 2:42pm
my suggestion would be to GTFO as fast as you can. I was happy to lose at 3.5c Drive this thing into the ground before this guy ruins even more lives. Can you imagine taking a pay cheque while your friends and families investment plummets?! This guy is a lizard through and through.