LIFW

So much bad news recently about Ruiz and LifeWallet.

The man has multiple businesses that are producing high amounts of incomes.
If it looks to you like they have enough free cash to do a few Nigel Pack -type deals, wonder why we see recent financial news like this?
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js... and maybe a prospect's NIL rep isn't too keen on signing a payment plan with them just now because you endorse his capital outlay status.
 
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If it looks to you like they have enough free cash to do a few Nigel Pack -type deals, wonder why we see recent financial news like this?
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js... and maybe a prospect's NIL rep isn't too keen on signing a payment plan with them just now because you endorse his capital outlay status.
I get what you're saying but it's a shrewd business move. He maneuvered to kick his debt payment down the road 15 or so months. He now has the opportunity to keep his cash to make more money and get through economic headwinds.
 
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Time to snap up the remaining shares and tell Ruiz to kick rocks? We can own LW as a consortium and run this thing. Howboutit?


Unfortunately, the float's not big enough to exceed his number of shares.

It's a good idea, just impractical at this time.
 
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