Daily Montanan: Questions & Conflicts of Interest Surround Sheehy’s Business As He Hides Past Climate Decisions
FOR IMMEDIATE RELEASE
Friday, April 26, 2024
CONTACT
rehm@mtdems.org
Helena, MT – New reporting from the Daily Montanan sheds light on the questions and conflicts of interest surrounding Tim Sheehy’s government contract-dependent business. Sheehy, who is running for a position that oversees money his company relies on, has refused to divest from Bridger were he to be elected.
In addition, documents show that when it was financially beneficial to him “Sheehy used to laud [the] fight against climate change, now [he] talks about [a] ‘climate cult.’” It’s clear Sheehy will do or say anything to serve his interests.
Key points from the Daily Montanan’s reporting below:
“The company lost more money than it made last year, risks being unable to repay its debts this year, and undertook cost-cutting measures in late 2023 to try and right the ship.”
“Federal and state government contracts accounted for 88% of Bridger Aerospace’s revenue in 2023 and 99% of its revenue in 2022, according to the report.”
“The company’s auditor [...] echoed similar sentiments in its opinion of the filing: ‘The company has suffered recurring losses from operations, operating cash flow deficits, debt covenant violations, and insufficient liquidity to fund its operations that raise substantial doubt about its ability to continue as a going concern.’”
“[The filing] shows discrepancies between what Sheehy has said publicly as a candidate about environmental issues and climate change and what he has said in the past.”
“During his run for office, Sheehy has referenced what he calls the ‘climate cult’ on multiple occasions.”
“But just months before announcing his campaign, Sheehy and his business consistently mentioned climate change as being a key part of Bridger’s growth.”
“And as ABC News first reported last July, Bridger quietly scrubbed references to fighting climate change and supporting environmental, social and corporate governance from its website in the months before he announced his candidacy.”
“The front page of the company’s website said the company was ‘fighting on the front lines of climate change’ and parts of its mission involved using ‘sustainable and environmentally safe firefighting methods.’”
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