Tax consequences of liquidating a 401k

Rated 4.25/5 based on 653 customer reviews

In March of 2017, Shot Spotter was once again down to just million in cash but had debt and current liabilities of million.By this time, Shot Spotter had never turned a profit and had an accumulated deficit of million.Not surprisingly, the bankers behind the IPO are also the exact same banks who are pumping out bullish research on Shot Spotter.When the lockup expires on December 4th, these are the same banks who will make millions of dollars in banking fees by running the secondary offering for the insiders to sell over 8 million shares.But in fact, the US has had an epidemic problem of gun violence for decades.Despite this decades of ongoing violence, Shot Spotter has not been able to achieve any real traction, and certainly no profits for more than 20 years.

Worse than that, implementing the system results in a massive diversion of police resources to unfounded calls, taking officers away from actual crimes being committed.Not surprisingly, each of these banks has been able to ignore the wealth of information that I present in this article.A large December fee event will no doubt provide a nice bump up in each of their year end bonuses.Local Miami media is already skeptical of the latest supposed Miami contract, because they have seen this gambit with Shot Spotter before.: Should Miami-Dade Police Spend Million on a Gunshot Detector They Abandoned Before?

Leave a Reply