Sale Price

Discussion in 'Ameritox' started by anonymous, Apr 20, 2018 at 12:14 PM.

Tags: Add Tags
  1. anonymous

    anonymous Guest

    Heard the sale price of Ameritox was about 16M for 60% ownership. They had no profits for 2017, so this was a fire sale. How far they have fallen from the days of 70m in profits.
     

  2. anonymous

    anonymous Guest

    The only people that got it up their backs are the employees and new investors. A few years ago, management decided to take the money from the new investors that was for paying down dept and improving the business and gave it to their private investors. When it was time to look a profits there was none, they knew where the business was going and wanted to get their money back.