Thread regarding National American University layoffs

NAUH story

NAUH has been losing money since 2015, with only severe cost cutting in sight.

A former NAUH executive has filed a False Claims lawsuit alleging that the school defrauded the US government.

NAUH has mortgaged their real estate assets to stay afloat, to the tune of $8M, a big number for a small cap company.

Share price has been at or near $1 delisting price since March 2018.

NAUH has delayed submitting its annual report to the SEC.

NAUH has only one major investor, T. Rowe Price.

https://www.linkedin.com/pulse/national-american-university-subprime-college-crash-dahn-shaulis/

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| 571 views | | 1 reply (September 7, 2018) | Reply
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True

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