Kodak Granted Chairman 1.75 Million Options The Day Before Trump's $765 Million Loan To Company https://www.zerohedge.com/political...n-options-day-trumps-765-million-loan-company
nevermind how they secured the deal https://www.cnbc.com/2020/08/04/kod...ver-disclosure-of-us-drug-producing-deal.html Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal The SEC is looking into Eastman Kodak’s disclosure about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, the Wall Street Journal reported. On July 27, a day before Kodak as well as President Donald Trump announced the deal, shares of the film pioneer soared nearly 25% with trading volumes far exceeding those in previous sessions. The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.
Just shows how much vision that this company has. They literally invented a money tree and threw it away and instead drove itself to bankruptcy. But that company is one tough old resilient company. It's one of the longest surviving bankrupt company that I have ever known. When a company declares bankruptcy it usually goes under and ceases to exist but not anymore. Now it can still kick around for almost ten years to get handouts from the government aka taxpayers to go into a line of business that is completely different from its previous one. Amazing!
I bet they have a secret government military order going on. According to reddit they used to have 90% enriched Uranium and you get on the watch list as a country if you make 15-20%. https://www.cnn.com/2012/05/15/us/new-york-kodak-uranium/index.html "According to a spokesman for the Nuclear Regulatory Commission, Kodak's uranium was highly enriched -- to a level approaching 93.4%. That is the type of weapons-grade material that U.S. government agencies are trying to prevent terrorists from getting their hands on. "
How? Just by making camera films? This might be probably why they never bothered to materialize on the digital camera that they invented because that would stop them from harvesting uranium?