I skimmed their website and press release relating to MPAA and they seemed benevolent. The management was also positive about the deal. I’ll have to look more to see if Bison has a history of turning around companies
Nice write-up! Do you know much about the financial outfit that loaned them money and is getting a board seat? Do they have a reputation of helping companies turn things around? Become more efficient?
I skimmed their website and press release relating to MPAA and they seemed benevolent. The management was also positive about the deal. I’ll have to look more to see if Bison has a history of turning around companies
Stock now at 5,93
I think it would need a clear path for improvement, otherwise it could be value trap
Nice write-up! Do you know much about the financial outfit that loaned them money and is getting a board seat? Do they have a reputation of helping companies turn things around? Become more efficient?