AM came out with news today about a major cash flow problem
and also being in default of their loan covenants.
They put 42% of employees on furlough and many of the
top management have left the company. Looks very bad
from what I read in the report. stock symbol is AMCME
stock was .17 on Monday and is now .08. Is chapter 11
the next step? Be aware of whats happening in this business.
AM is in $ trouble
Member #: 19762
Registered: 1996-2001
Posted:
3
Name:
alan
Company:
cccm
Occupation:
contractor
Location:
ct
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