Spineless Todd did the horse and pony show last week in Greensboro playing the doting host to three interested buyers, and one being our former owners, Sterling Partners. Spineless Todd hoping for security with Sterling and all the other idiots hanging on to his coattails hoping to ride out their jobs at least through to the new year. Remember folks, Spineless Todd only looks out for himself.
The update is Oak Tree has sold Ameritox. Could be Abbott labs?? Spineless Todd is going to make his big official announcement sometime next week or this month. Everyone in already knows the Lab in Greensboro will take the hard hit. Auditor in the building right now walking around looking at equipment. Hey Spineless Todd, stop being a pussy and step up to the plate and just let those poor folks in Greensboro know they all no longer have a job. You got your golden parachute.
The deal was sealed since 2017. Spineless Todd is being way too generous these last few days. After all, why should he care?
Hey Spineless Todd, you can stop posting on Cafe Pharma trying to fish for info. You want to know what the people know? They all know you got your deal and the Greensboro Lab is closed.
I need to know how accurate this is. I have a family I have to take care of, and don't need any surprises like they did Maryland.
We are also keeping an eye on 2 other Corporate Credit Rating 3 companies, which could yet cause FSC difficulties. One is Ameritox Ltd., which was restructured last year (and is also owned in the JV). FSC has $85mn in exposure there in debt and equity in the company. FSC has had to advance new monies to the troubled operator in the last quarter (not an encouraging sign), while writing down its equity valuation by three quarters (also worrying).
This information is from when Ameritox was owned by Fifth Street back in early 2017 but nice try troll.
I found that article and two things in it relate to Ameritox. 2. The troubles at the JV, which may result in liquidation or much lower earnings than before. Starting again with the Glicks or a new partner will take several quarters to get going. 3. A long list of under-performing companies that will need to be sold or restructured in some way, a costly and time consuming process. This might require further write-offs and loss of income. https://seekingalpha.com/article/4089766-fifth-street-finance-overvalued-now
The VA account stop sending samples to us here in Greensboro for the last two weeks. The announcement made today and we were told, no severance, no cobra, when you leave on 5/4 all your benefits end. No 401K. We can get unemployment. But, yet they want us to stay until 5/4 to process the piss. Todd getting rich off this deal. I gotta figure out insurance for my 3 kids. O, they still hiring people here in Greensboro and a new person started today. Good people left their jobs to come to this shit. The only people who telling us like it is and had the courage to stand before us and answer our questions was Doc Mack, Janet and HR.
Yeah the new owners is out of Nashville, TN called Aegis. If you want to work for them, you have to apply to their website directly and move to Nashville on your own.
yeahhh!!! As soon as your help transition the accounts (and they lower your pay) they will can you! Don’t sign it!
It is known Aegis is trying to sell also. The consolidation is a temporary fix to make them look more marketable. It will all play out soon. You better be looking for a job!
