- Sun Jul 01, 2018 10:21 pm
#105241
We all know Sears had bee closing stores over the years but it's their recent activities that should concern you if you have money invested in Sears. The real red flag that Sears is planning on Bankruptcy is their recent sale-and-leaseback deals that have quietly been taking place. They are selling their properties with an agreement that they lease it back from the buyers so operations aren't effected. During a bankruptcy those or other legal actions, those properties can't be touched since Sears no longer owns them.
So what are they doing with the 100's of millions they're receiving from those sales? Not sure what they're doing with it but I know why they're doing it, they're taking steps to prevent creditors and investors from getting any of it? I say watch the top executive sudden bonuses and the money being used for start ups not associated with Sears.
So a similar reason, I lease my property from my brother rather than purchasing it outright. If for what ever reason something happens are one my workers does something really stupid, no one can touch the property since I don't own it. Another plus is I get the write the money I give my brother off as expenses.
I wouldn't be surprised if Sears executives are charged in a few years for they're now doing to screw creditors and investors. Dump it, if you have it, do it now.
So what are they doing with the 100's of millions they're receiving from those sales? Not sure what they're doing with it but I know why they're doing it, they're taking steps to prevent creditors and investors from getting any of it? I say watch the top executive sudden bonuses and the money being used for start ups not associated with Sears.
So a similar reason, I lease my property from my brother rather than purchasing it outright. If for what ever reason something happens are one my workers does something really stupid, no one can touch the property since I don't own it. Another plus is I get the write the money I give my brother off as expenses.
I wouldn't be surprised if Sears executives are charged in a few years for they're now doing to screw creditors and investors. Dump it, if you have it, do it now.
