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Assets are invested profits. In either case it's a revenue stream the paper might have leveraged to sustain it while it pivoted into a new model. Instead the H
by cptskippy 9y ago
Assets are invested profits. In either case it's a revenue stream the paper might have leveraged to sustain it while it pivoted into a new model.
Instead the Headgefund raiders have done to it what they've done with so many other businesses. They undervalued it, bought it at a discount, disassembled and sold off the profitable bits, left an empty encumbered husk to default on outstanding debts.
This behavior should be illegal.