Quoted from mufcmufc:My understanding is it's the SAME company with the SAME owners, just that they are majority stakeholders now. ]
This is the bit I don't quite understand, some people appear to be seeing this as a magic bullet. These so called smart business people are obviously the same smart individuals that made the decision to originally invest in a company that, given how things have turned out, was severely under capitalised. Where was their business planning and due diligence back then?
I hope they start making better business decisions now that they appear to getting the whip hand by tipping in even more $$'s.
FWIW I hope they succeed and people get their outstanding games and these investors get a good return on their equity for the risk. But I'm guessing they are a long way from being out of the woods yet.
Litchfield Park, AZ
