it would take them a long long time to burn that cash. Before they burn even a quarter of it on operations, if B2B is really so awful they could enter other businesses and still create a lot more
than $300M in shareholder value. This is just nuts .... and when psychology in either direction prevails over reason in the markets, opportunity is knocking. Loudly.
Not to worry MD, I'm a shareholder in CLRS and I have just
sent a note along to management.
I have a plan where they can burn up every last single
Greenback by Labor day.
If it all goes to Plan, it will involve have a summer long
"strategy session"...... where the senior exec's as well as
other workers rent a compound ( the Hamptons or the Cape
were my initial thoughts) and have a mega
meeting.
CLRS purchasing will buy lots of top notch cognac, and other
fine spirits and very expensive cigars that everyone will
need to smoke. I have sourced these:
Macanudo Vintage XX 1993, 7. x 47, Natural, Jamaican Box of 20 $330.00
They are the most expensive Churchills rated by Cigar
Afficianado Magazine.
cigar.com
Now the real ingenuity to meeting my stringent demands for
the cash burn deadline, entails lighting the cigars with
as large a denomination bill as they can find. Now
obviously if 100 dollar bills are the best CLRS management
can find, I realize that it will mean consuming about 2
million cigars, which would need to cost at least 40 bucks
a pop. ( so far I'm only up to 16.50 per cigar, but I'm
working to increase by purchasing inefficiencies, And
remember, we're buying in SIZE, so production
shortages may come into play.
I'm also expecting the booze and other sundry consumption
to work assiduously towards our Labor day Objective
of Burning up that cash!!
We may need to get some activist shareholders to pitch in
and show up to burn some of those stoogies and Greenbacks.
I'm myself am seeing if I can clear up a couple of
weeks to do my part for the Cause.
Always thinking,
John |
