Tillman not broke. Pent up demand leads to strong performance from restaurants.

I'm sure this was to be expected, pent up demand, and the latest round of stimulus checks appeared to be spent in casinos. However, I am not sure if even an entire summer of record numbers would be enough to make up for the loss in revenue and cash burn from the restaurants and the Rockets. The cash burn plus any additional debt can take a long time to overcome. I haven't looked into detail on his businesses, and the Rockets are a private company, but American Airlines for example if they were to return to record revenue and EBITDA from 2019 and hold these amounts steady, with the additional capital raises and to pay the additional amount they've drawn down, it would take approximately 9 years for the company to financially break even or return to their 2019 position. PPP covers payroll, but the loss of revenue was substantial, I don't think a good month is material at all.

TLDR; Tilman still broke.

 

April Fools was yesterday

 

He’s got a big boat. Of course he’s not broke.

 

If Tillman Fertitta started selling off shares of Casino and Businesses that is a Red Flag.

Selling off his Cars, Jet, Mansion would be in debt, Bankrupt broke.

 

he has to keep positive no matter what

yes, economy is hot and its getting hotter with openings...but I just dont believe everything Tilman says..hes a salesman

 

There’s broke and there’s I don’t have enough money to afford my own major sports team. Big difference

 

Mr. Tilman Surprised he's not already Bankrupt

https://www.cnbc.com/2021/03/30/til...strength-of-restaurants-casinos-in-march.html

 

Yes he's back. Yall mad?

 

So you’re saying there’s a chance...

that John Wall will be bought out?

 

Precisely why I sold my AAL shares while they rebounded a little! Long on Apple now

 

Did he sell his 150 million dollar yacht he just rolled out? Just wondering. I bet Landry’s got a huge ppp or eidl loan.

 

Sources indicating the buyout is nearly complete.

https://bbs.clutchfans.net/threads/woj-rockets-working-on-buyout-with-john-wall.311145/

 

See the third reply of that thread for proper confirmation. On another note, you need to post in the new Celtics game thread, brah. And it shows. You lackin'

 

Keep in mind that Tilman needs about half a billion in revenue ASAP to cover those two short-term, very-high-interest loans he got last year. After that's taken care of, he can breathe a little easier.

 

I think the bigger red flag is that he has already attempted to issue additional shares of his restaurant(s) and casino(s) (combined) at a valuation the street had no interest in, and considering he is responsible for the first failed SPAC, it may be tough for him to raise anything., at least he is first at something.

 

Not everyone understands this.

 

Tilman betting Whataburger and fries. FernTits confirmed broke.

 

He's either begging for a bailout or talking his own book.

Feast or Famine Fertitta Folks.