Sprint Turns to Investors for $500 Million
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WHY?????
😳 😳 😳
Why would they ask for $500 million after spending $483 million?????
If you cant afford to run your company then you should not buy another one!
If i cant afford to pay for my car loan i would not go buy another car!!!!!!
WTF
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cuz they are giving it away...!! 🤣 I WOULD NEVER INVEST IN SPRINT ---- WOULD YOU?? Go buy some stock when the market open 😁
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Sprint : we have 4g but we need some cash please.
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Kryger said:
Sprint : we have [a slice of] 4g but we need some cash please.
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It is probably a simple cash flow issue. Its generally not a bad idea in business to finance debt so you can maintain some liquidity. What did you expect? For them to use all their on hand cash reserves to subsidize new business deals? Then what happens when your employees want to get paid, bills need to be paid, etc. Corporate finance and you breaking open your piggy bank are two entirely different beasts.
there is a reason some people here are working retail or as in Jay's case, security guard and not in a corporate environment.
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VDubbAug 11, 2009, 8:31 AM
Very true. It's hilarious to see the ignorance constantly revealed through those trollish comments.
- VDubb
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VDubbAug 11, 2009, 8:48 AM
"ur a troll"
LOL! You're pathetic. BTW, awesome profile: "i works for at&t. i like hookers." 🤣
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VDubbAug 11, 2009, 10:26 AM
Of course, I was joking as well.
- VDubb
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How many times has Trump filed for bankruptcy? People who make money use other people's money to do it. When Wall Street loss big who did they turn to to bail them out? The idiot taxpayers. You are quite welcome AIG. Let me know if you need a little more change. I think I have some savings stashed.
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Haha, I hadnt seen this article before posting on the latest Sprint news... this helps me to believe that someone else was going to buy them, and thus lower Sprints numbers by 5+ million, so they had to move on VM
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