So to be honest I haven't looked at anything to do with Input Capital in forever. Then this article comes along and piques my interest. So after posting a link to the article I went and read the News on their website. IMO it gets worse.
Last year they had announced no new transactions. Then the sale to Bridgewater. That fell through and now they decide "We need a real company or we are essentially going to become a shell". So they buy a cyber security company ... that is owned by Doug Emsley the current CEO of Input Capital. Described as a profitable company ... But may have negative working capital??
Sheesh getting alittle inbred here. Feels like Input is being run for the benefit of someone other than shareholders.
Last year they had announced no new transactions. Then the sale to Bridgewater. That fell through and now they decide "We need a real company or we are essentially going to become a shell". So they buy a cyber security company ... that is owned by Doug Emsley the current CEO of Input Capital. Described as a profitable company ... But may have negative working capital??
Sheesh getting alittle inbred here. Feels like Input is being run for the benefit of someone other than shareholders.
Comment