Force Protection: Explosive Turnaround, But Pause at the Buy Button [View article]
Use care, There is a great deal of smoke and mirrors used in the managment of this firm. They just paid 1.8 mill in a wistleblower suit with other "disgruntled" ex-employees . Accounting for the 12-1 reverse split the stock is lower than it was valued at in "03, i believe. The company was previously held by the Failed Sonic Jet (hence the "in kind" gift of the last operating boat). The original plan was to grow large enough to become a "blip on the screen" of a large defense contractor and get bought out. The company is actually a big hollow shell. I would be wary of not so distant drumbeats from the left, if this war ends so does, in my humble opinion, Force Protection.
-
Use care, There is a great deal of smoke and mirrors used in the managment of this firm. They just paid 1.8 mill in a wistleblower suit with other "disgruntled" ex-employees . Accounting for the 12-1 reverse split the stock is lower than it was valued at in "03, i believe. The company was previously held by the Failed Sonic Jet (hence the "in kind" gift of the last operating boat). The original plan was to grow large enough to become a "blip on the screen" of a large defense contractor and get bought out. The company is actually a big hollow shell. I would be wary of not so distant drumbeats from the left, if this war ends so does, in my humble opinion, Force Protection.
Sep 05 10:14 am
|Rating:
0
0
All Comments by Antonio Zeroski »Force Protection: Explosive Turnaround, But Pause at the Buy Button [View article]