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Re: Tlsmd post# 77243

Monday, 10/09/2017 6:24:23 PM

Monday, October 09, 2017 6:24:23 PM

Post# of 78243
I have nothing against Mr. Rhoades. He seems more than qualified for the job. I think he would make a much better CEO than Benny (almost anyone would). I just don't think REDG can afford to hire him.

I also don't know if he would want to be CEO. REDG is near bankruptcy and has a bad reputation. There is outstanding convertible debt and lawsuit settlement (in shares). REDG is in horrible shape. I don't see how REDG can pay Mr. Rhoades as CEO, unless he works exclusively for the preferred Z shares.

It looks like Benny has already mapped REDG near term future with Absolute Comics. I'm guessing this means running printing through Benny's printing company. Which also means REDG would still be dependent on Benny doing his job.

There are also the missing SEC quarterly and annual earnings reports (two years worth) that the CEO would be responsible for.

I just don't see an upside for anyone to be CEO. Lousy pay for cleaning someone else's mess.




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