Thursday, December 01, 2016 10:10:45 AM
JRJR is paying Richmont for it's so-called expertise. This is the expertise that created this fouled-up situation and that would get a CEO fired. So, I posit that paying a real CEO $2M for actual performance and results would be better than what's going on now.
Let's leave their inability to find a suitable CFO that will last more than a quarter or two to another thread. But even the rotating cast of CFOs is better than one they started with.
BTW, JRJR pays the rent on the "Richmont Family Office". Why is that? Doesn't the "billionaire" have enough investments and income to require at least his own office...or part of the JRJR penthouse?
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