Makes this stock board worthless for info.
The ones with the $2 or so BV's. I do not currently own ARR shares, but it's well documented that the company BV is more than twice the numbers being spewed. Some idiot even has the audacity to say he is quoting Morningstar. So I don't know what these pathetic spewers of the $2 BV's are expecting to accomplish. So I guess they are either shorting the shares or getting paid to post BS.
like on this stock board. How much are they paying these jerks to keep doing this?
And this Management took in over $50,000,000 in Fees during the past 2 years while the SP went from around $7.50 to where it is today. So did they earn those Fees? The answer is quite obvious.
The Management Team at ARR raked in over $50 million in FEES over the past 2 years while investors lost well over 50% on their principle over the same period of time. And that's a fact. Check the SEC Quarterly Filings for yourselves.
By all means. Most of us here believe that the reorganization is a reality. But I believe there is a large amount of money sitting on the sidelines that won't buy into the narrative until ACAS successfully gets through the hurdles they outlined need to take place. Obviously they will get shareholder approval, and I don't think they would have gone through what they have unless they had near certainty of SEC approval.
And over that same 2 year period ARR Management raked in $50 million in FEES! They could care less about the average joe shareholder whose IRA sank on this stock.
They wouldn't have done that unless they knew LINE was going to bounce back.
Why don't you ask Management how they could rake in $50 million in Fees during the same period you lost over half your principal investment. Did they sleep well at night? Of course they did.