What I do not know is how little cash will keep CCi alive. Over the last few years CCi has paid cash to unload its "for sale" schools, as is well documented with BioHealth. CCi cannot pay cash to sell itself today, so if a so-called buyer wanted to save this sinking ship, how much cash would the buyer have to spend just to support CCi's operations for the 12-24 months to obtain the necessary approvals? Is someone that interested in CCi to dump millions every month hoping that the approvals will go through?
2 replies (most recent on top)
No. It's hundreds of millions of dollars. Anyone wanting to start a school would be better off buying closed campuses all over the country from the for profit graveyard that already exists and start from scratch. As days pass, CCI is losing hundreds of thousands of dollars.
877-Cash-Now! http://www.jgwentworth.com