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Kodak --- Welcome to the Swamp

  • Offline The Drifter
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#9
07-30-2020, 10:14 AM

Kodak CEO's personal fortune soars by $79MILLION after he bought thousands of shares in June before $765million government loan to the fallen photo giant sparked stock rally
  • Kodak CEO Jim Continenza's wealth has swelled by $79million thanks to a US government loan for the ailing company to produce pharmaceutical ingredients
  • On Tuesday Donald Trump announced a $765million government loan for the fallen photo giant to help confront the coronavirus crisis
  • Continenza's stock options had no value on Monday, but were worth $59 million on Wednesday following a rally in the stock
  • He owned 650,000 Kodak shares by June 23, which rose in value by $20million
  • However, his recent purchases of Kodak stock have raised eyebrows 
  • Continenza bought 46,737 shares on June 23rd at $2.22 and his profit for that purchase alone is nearly $1.6 million

https://www.dailymail.co.uk/news/article...-loan.html
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Messages In This Thread
Kodak --- Welcome to the Swamp - by HURRICANE!!! - 07-29-2020, 05:52 PM
RE: Kodak --- Welcome to the Swamp - by p_rushing - 07-29-2020, 06:27 PM
RE: Kodak --- Welcome to the Swamp - by mikesez - 07-30-2020, 09:23 AM
RE: Kodak --- Welcome to the Swamp - by The Drifter - 07-30-2020, 10:14 AM
RE: Kodak --- Welcome to the Swamp - by p_rushing - 07-30-2020, 11:50 AM
RE: Kodak --- Welcome to the Swamp - by p_rushing - 07-30-2020, 05:01 PM
RE: Kodak --- Welcome to the Swamp - by p_rushing - 08-04-2020, 01:34 PM
homebiscuit - by homebiscuit - 08-04-2020, 01:53 PM



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