Exchange Income Corporation (EIF) Needs To Clean House And Come Clean – Cohodes

•  Mike Pyle has misled investors by covering up the grounding of the planes this winter. Mike Pyle also sold stock to investors this winter.
• Complicit sell-side firms earned big fees on stock sales to investors
• Multiple sources with personal knowledge contradict Mike Pyle
• Mike Pyle needs to RESIGN
• Sell-side needs to do independent research, not parrot Pyle’s fiction
• If EIF has nothing to hide, then break out R1 financial statements
• R1 needs a new CFO capable of preparing financial statements
• Rollups with inadequate management who have poor track records tend to go the way of Concordia, Biovail, Valeant, Cineplex Odeon etc.

[timeless]

Transport Canada, why not set the record straight?

The truth, corroborated by many

• Transport Canada did a Program Validation Inspection at the end of 2016. The first 3 planes...
  

  Login required to continue reading.

  Setup a free account to get access to this article (no credit card required).

  View Full Article

  Already a member? Log in here