Yesterday, we revealed the real reason there’s not a RIte Aid in the old Azalea location. Because Greg Fischer couldn’t help himself when it came to spreading absolute misinformation given to him by his crooked zoning pal:
We hear through the grapevine that the real reason the deal fell apart is because Rite Aid was trading as a penny stock at the time. Once a deal was put together with the Bauer family allegedly financing the construction of the Rite Aid building and then offering a lease, Rite Aid backed out. Because – get this – it was trading as a penny stock and couldn’t hold up its end of the deal.
You can’t negotiate with a penny stock company expecting it to be able to perform like woah.
We have since received a dozen or more nasty little notes from Fischer pals regarding the value of that stock.
Since they’re strangers to reality, here you go:
So… about that.
It’s why Louisville can’t have nice things.