Yeah, really not efficient for CEO to be a pilot .. much more efficient for CEO to be in the back going over the books and deals!!
Proved how hard for stocks to keep it up ... for stocks to keep moving, you need some kind of a catalyst!
How about: bought new, expensive jet?
Not good sign at all. Could mean bank is doing okay, but stock offering could be in the works. Probably another .70 deal ... hey, it's probably a good buy at .70!!!
IRS rules are very generous to the employee ... not much income, not much deduction for the company!
On occasion a company’s aircraft may be used for non-business use. Of course this is purely a hypothetical situation because as we all know company aircraft are always used for business.
Well, according to the 10-K, 2012 RE debt exceeded the value of the real prop. acquired:
"During fiscal 2012, we acquired eleven existing nightclub operations and two other licensed locations under development for a total cost of approximately $35.4 million, including real property of approximately $7.6 million. These acquisitions were funded primarily with cash of approximately $4.9 million, debt of $22 million and real property debt of approximately $9.0 million."
E.g., the GE Capital Retail Bank offers a 0.90% savings account. That’s more than eight times the national average for bank money-market accounts. They’re FDIC-insured up to $250,000 per depositor, just like any other bank.
Heritage Bank commissioned a 36" x 24" oil portrait of Bobby Keogh ...
If I find where they are wasting any more money like that, I will sell all my stock ... ASAP!!!!
Wait ... he wanted to be mayor of Norfolk.
BTW, with a whole lot of room to the south, why are jets practicing dog fighting over Hilltop?