Ann: LVT secures $10million debt facility for strategic growth, page-32

Some will recall the co gifting $10m to family member not so long ago. Ridic interest rate - nowhere else to go. The beginning of the end. As another poster pointed out - these deals never work out for S/H. Disgusting. Makes me sick. The stupidity of the statement from MD - its not about profits - its about market share. LVT just donating resources to industry at s/h expense. Will be selling - just got to pick the time. Fcking disgrace.