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REPORT ABUSIVE REPLY
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Message Subject
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HUGE ground shift in a multi billion dollar industry
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BRIEF |
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Post Content
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Maybe the Employees could get together and take it private. Buy the plant as it is liquidated for nothing, and improve the quality or adjust what they are making to reach a more lucrative market?
Could be a good opportunity.
Quoting: JustmeTX my family did this with a few partners - the business they were at went bankrupt. They bought it and all the equipment for pennies on the dollar. Assets alone were easily a few million Awesome! Capitalism at work. If a product is no longer desired, you adapt or die...Why make shit no one wants? Just to give someone a job? Where would the money come from to make shit to throw away?
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