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| Topic | So AMC says they're basically likely to go out of business. |
| Gheb 06/04/20 10:31:21 AM #23: | Okay so they basically disclosed standard going concern disclosures. Basically saying, "we aren't sure we'll be in business a year from now". This is pretty standard, and generally required, wording when a business is struggling, but hardly is a death sentence. I've had clients include going concern wording in their report for like 5 years in a row and keep existing. pres_madagascar posted... This could very well be the demise of theaters. I doubt it. Even if AMC, Cinemark, Regal, etc. all shutter for good (I have doubts that will happen). That just means there will be thousands of empty theaters out there. I seriously doubt that COVID will kill the desire for the theater experience. That just means when we settle on our new normal some company will go through and buy up the empty theaters and start a new company. --- S*** I have to stop doing that," Gheb said, as he lay back down and died again. - Forgotten Love The Chiefs won the Super Bowl! ... Copied to Clipboard! |
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