I'm guessing they aren't selling a lot of this these days ...
View attachment 368557
They've gone almost completely chemical now.
Link to what chemicals?
This will take 3 years. This is a SCAM!
They have made simple Photo chemicals for 100 years. This clown wants to make healthcare products. This is a SCAM to save the company to get a loan.
For insider trading to bail after they get money to go bankrupt in a few years. They were going down already.
Jim Continenza, CEO of Kodak, explains why the onetime photography leader is well positioned to produce pharmaceuticals. The company will receive a $765 million government loan to make pharmaceutical ingredients.
www.cnn.com
That upward move was sparked by July 28 news that the photography pioneer is borrowing money from the government to manufacture ingredients for generic drugs such as the malaria treatment
hydroxychloroquine. <<< The Great Douche SCAM. The Greeat Douche will not be reelcted, so goes the future sale of hydroxychloroquine.
Seem they will use the loan to upgrade camera stuff making.
Look at timeline over 100 years. It lists no chemicals or medical making. Seem CEO is uninformed. He is new there.
Kodak sold many of its patents for approximately $525,000,000 to a group of companies (including
Apple, Google, Facebook,
Amazon,
Microsoft,
Samsung,
Adobe Systems, and
HTC) under the names
Intellectual Ventures and
RPX Corporation
en.wikipedia.org
They did make..
Kodak branches out into manufacture of
hand-grenades.
From 145K employed to now under 5000. This is a Great Douche Money SCAM!
Seems as always the U.S. House leadership can stop funding them. Require rules that slow how much they get in funds at a time.