Citybizlist Atlanta - Cullen Agricultural Holding Says $19.3M in Commissions Not Due to Underwriters of TripleCrown IPO - CBL

I think a Graduate Thesis could be done about the stories and business practices behind this rather obtuse press release, and I am way outside my pay grade in trying to explain or even comprehend the economics of this article, but I suppose this is just another watershed for a local company that I knew nothing of, and may they continue to thrive in these uncertain times.

Generally speaking, it sounds like they are not paying some insurance folks who might be wanting a good chunk of change, and that is symptomatic of the massive problems in the insurance industry of which I am entirely too ignorant and ill informed. I am all for agricultural technology and hope our farmers can continue feeding the world.

I am glad Oconee County can support agricultural technology companies, and I hope the heavy duty dividends return to their investors. That i$ what the real economy recovery will be putting in the pocketbooks in all of us very soon. I welcome the one-sided knowledge of a heretofore unknown to me company in Watkinsville evidently raking in the dough and keeping the farmers of the world cranking out the food. There are a few familiar surnames scattered in this, so any enlightenment offered up by our readers in the comments section is certainly welcome.

Citybizlist Atlanta - Cullen Agricultural Holding Says $19.3M in Commissions Not Due to Underwriters of TripleCrown IPO - CBL

Comments

RichieRooRoo said…
Tread carefully is all I'd say.
Cullen Agricultural Holding's chief executive is a chap called Eric Watson, a New Zealander with a reputation for losing investor money, especially elderly pensioners.
See here: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10624618

"Directors Mark Hotchin and Eric Watson have come under fire for spending mega-bucks on lavish houses and birthday parties after leaving about 17,000 investors out of pocket."
4:56 PM
RichieRooRoo said…
Tread carefully is all I'd say.
Cullen Ag's founder and chief executive is a chap called Eric Watson, a New Zealander who has a reputation for losing investors money, especially elderly pensioners.
See here:
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10624618

"Directors Mark Hotchin and Eric Watson have come under fire for spending mega-bucks on lavish houses and birthday parties after leaving about 17,000 investors out of pocket."
5:00 PM
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