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Black Diamond, Inc. Message Board

  • starcutspin starcutspin Aug 9, 2009 3:32 PM Flag

    before the crisis happened

    For those that believed the cc would signal an actual deal in the making, looks like that didn't happen. For those that thought that it would be just business as usual, now we know who was right.

    The company points to the global financial crisis in explaining how poeple are leery of making any deal, then in the same breath explains whis is a great time to make a deal because eveything is so cheap. Of course, this business plan was floundering along for years without any deals, before the financial crisis ever happened. It seems the talk is always about buying something then presumably growing it. Not much about, say, a reverse merger, where Clarus is the surviving company and the investor has the majority. I wonder why that is. Just my humble opinion.

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