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Manhattan Bridge Capital, Inc. Message Board

  • smaycs4 smaycs4 Mar 24, 2012 11:10 PM Flag

    Fridays PR just blows my mind !

    in order to avoid any appearance of conflict, Ran agrees to accept a lower rate of interest. That might save the company a few hundred dollars a year.

    He takes $1.25 million worth of shares for nothing and wasnt worried about any appearance of conflict.

    Makes no sense whatsoever.

    Earnings per share are way down, book value per share is way down, the stock price is way down.

    But he decides to kick back a few hundred in interest.

    Gee, thanks Assaf. What a stand up guy !

    NOT !

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