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It's TRUE FollowingJR!
https://www.whiznews.com/2017/12/basket-makers-locked-near-frazeysburg/
JR is a complete flop as a CEO and his old man doesn't seem to be the turn-around guru he claims to be!
Let's recap:
Paperly website has a catalog you can get- most current Holiday 2016.
MSK AND YIAH no longer exist and their websites claim Global Inspired Gourmet is "coming soon".
Tomboy Tools website looks like it was designed by an eighth grader and sells LB and Paperly too.
Agel seems to have fallen apart like all the others. Guess it was harder to F that one up since it was going well.
Okay. So. JRJR announces that they are moving the homestead to four little shops in Dresden. Thing is, those shops are occupied with leased tenants. AND the structure that comprises the four buildings is for sale. I'm telling you, the whole thing just stinks. A visit to the existing homestead will tell you that they are LIQUIDATING the company like all the others they have bought. There, they have TBT circular saws, Betterware kitchen crap, YIAH products that are outdated, and all kinds of what looks like returned items. I wish they would STOP lying to people like consultants who are actually thinking that YIAH/MSK is going to merge into GIG. It's not happening. JRJR takes on MLMs who are struggling and then liquidates them. They recognize that the MLM is a dead duck, so they are taking advantage of the outdated business model and buying them at pennies on the dollar and selling their assets. Why can't JRJR just say that? It's simple... they want the sheep to keep working for them to sell off the last bottle of olive oil or the very last basket. It's simple. Deceptive as hell, but simple.
Totally agree Josh! The fam is a bunch of posers. IMO.
So WTH is this Briton Baker talking about? Why is Longaberger moving as a result of the Homestead not selling at auction? And if Longaberger is only a tenant and the owners are the only thing changing, why would they care? Why would he be commenting on the AUCTION at all?
http://www.zanesvilletimesrecorder.com/story/news/2017/10/09/longaberger-coming-home/745690001/
An employee tells me it's because JRjr still owns the Homestead but under a different LLC name and they are going to let the Homestead go into foreclosure now. That will be a blight on the area. It was all a scam is the story the employee is telling me. That's how they are getting out of a 15 year lease after only 2 years!
I think the smoke and mirrors are so major, that this dude is lost in the dust and commenting on things they mean to keep QUIET! LOL
John Rochon Sr AND Jr appear to have NO idea what the hell they are doing. At first, I thought maybe they were dumb as foxes, but now I think their most recent screw ups show a complete misunderstanding of how most anything works in the direct sales field. I'd say the old man is past his peak and passing along "tricks of the trade" that are no longer relevant in today's world. Sliiiiiiiiding under .30...
It's sliding over the edge of 30 cents! Sure to drop below today. Why? Because this "company" can't communicate. And they aren't honest. They care nothing about the shareholders who believe(d) in them and are too willing to screw them over.
JRjr is LIQUIDATING? Oh do tell. I can't imagine. I've only been telling you all that this "company" is a liquidator of crappy MLMs that need to close! Where is Tomboy Tools? Amazing how they all disappear when leftover inventory goes down. Geeesh.
Boy that John Rochon really knows his business at a YOUNG age thanks to his old man. OR- Boy that John Rochon is a huge fup in his business in spite of his old man. LOL
Update: The original Tomboy Tools website is down but you can go to www.tomboytools.com and see the crap website amateur Mary Tatum is building using a wizywig! LOL! High school kids don't even stoop to this low of a level to build! It is absolutely horrible!!! It sells Tomboy, Paperly, and Longaberger! JRjr Network(less) have no idea what they are doing and I hope they aren't PAYING FOR THIS. OMG. It just gets funnier and funnier.
Tomboy Tools website down. Hummmm.
TANKING at .46 and STILL no communication from these nitwits!
And is it JUST ME, or in all those building pics, does all that crap look photo shopped in!?? ie: the binders in the cabinets, the decor, the furniture, the big apple basket (that is ACTUALLY outside and too big to fit in that space), and so much more. Why would they do this? And I understand that these things can just be said to really be there or not as a result of the company who leases (LB)... but some of that stuff is actually changing the shape and interior spaces of the building to look differently than it IS! IS that legal since it's an online bid and someone will get something that was altered to look different than it actually IS?
Okay, so the listing of buildings A, B and the Homestead of Longaberger are here:
https://www.ten-x.com/commercial/details/5563-6055-raiders-road-frazeysburg-oh-43822-1000004711-b_216
The best part??? THE CALL CENTER! There is ONE cubical for Uppercase Living, and ONE EMPTY CUBICLE for Tomboy Tools! I'd say the website looks as outdated and crappy as it does because there is nobody working the call line! LOL!
Check it out. The buildings can be seen in a 360 tour! The whole place looks like crap, if you ask me. AGAIN... they are a LIQUIDATION COMPANY! What more proof do you need? Almost every office is vacant, the bathrooms don't work, and the "call center" comprises two cubicles with ONE functional! What a JOKE!
Oh... check out the links to YIAH and MSK on the JRJR webpage. Hate to say I told ya so...but...
http://www.jrjrnetworks.com/Companies
HA. Close the doors! TLC is going under:
http://www.newarkadvocate.com/story/news/2017/09/01/longaberger-company-owes-founders-daughter-2-7-million/609312001/
I bet the reason, in my opinion, that they are trying to determine JRJR Networks' liability is because they can just file bankruptcy of TLC and not even have to pay a dime! This stock is crap!
Oh, and also worth mentioning is that the Longaberger Homestead is being auctioned off (NOT SOLD) to the highest bidder. If I was one of those remaining 20 some employees at Longaberger, I'd be looking for employment ASAP. They are closing down everything. As I said before, the business plan is to by low, appear to be operational to milk the final remaining dollars, then LIQUIDATE along the way till the doors SHUT. WAKE UP!
http://www.dispatch.com/news/20170829/longaberger-homestead-complex-in-frazeysburg-to-be-auctioned-in-september
This place is a crap hole! Yet another mess left behind by JRJR "company". Try going to YIAH website. It ISN'T EVEN THERE! And YIAH HQ is up for sale as well! LOL. Any investor in this is throwing good money away.
https://www.bizjournals.com/columbus/news/2017/08/29/photos-peek-inside-of-the-longaberger-basket.html
YGYI seems to be kicking JRjr's butt! The student has become the master!
THIS IS HILLARIOUS! After all the crap JR and JRjr put out there about being the "kings" of MLM... they are getting screwed by everyone they have done wrong! Here's a lesson for 'ya- treat people right.
Well, well, well. YIAH and LB are basically up in smoke and this latest filing is no more than a way to stay afloat and (in the short term) avoid bankruptcy. Oh and NO financials for over a year. What a way to run a company. Big JR gave the keys to the big boy car before JRjr was ready to drive!
The Rochon's compare themselves to Warren Buffet and say that they have a history of turning around MLMs and making huge profits. I find it all ridiculous. The old man must be losing his mind, because his son can't make anything work. Another pending lawsuit from YIAH will be the final nail in the casket.
Very uninspired... PLEASE MESSAGE ME! You know it! JRjr is a joke. I don't know all of your side, but I know when someone knows what they are talking about. I really want to trade some stories and facts.
The corporate office is going into foreclosure, and people are buying their worthless stock today for 50 cents!? Crazy. It's worth less than nothing. JRJR33 is a JOKE.
43 cents!!!! This is getting to be sad instead of funny. This "company" is a loser's paradise. JR and his old man are using investors to line their pockets! I'd love to hear what people who bought this POS stock at upwards of 10 bucks have to say NOW!
A true POS fake company. Invest and lose your pants.
https://www.bloomberg.com/news/articles/2017-03-16/an-ohio-county-is-about-to-foreclose-on-a-5-million-basket
A 20 buck stock down to 55 cents in a year is the indication of a WORTHLESS ENDEAVOR! The Rochon family are not crooks as much as they are simply FAKE. I will say it year again... the whole thing is a closing company. They took over some companies and then started to liquidate in small ways that make them still look like they are doing business. Look at the Project Home website: pathetic. How about a visit to the LB Homestead? It looks like it's in a third world country out there in the middle of nowhere! And the basket building!!!? His house on Waggoner Drive in Texas isn't even worth 2 mil! Give me a break. SCAM
The NEW owners of the Longaberger Mansion are behind on taxes, their mortgage, and just lost a 300K+ lawsuit. The guy used to be associated with Ohio Means Jobs and got the mansion in some kick-back deal for working to get Fanatics at the Longaberger Office Park. Anyway, his name is Mark Kvamme and he married Megan Browning Kvamme a couple years ago.
https://www.whiznews.com/2017/01/judge-rules-in-breach-of-contract-case/
This property just seems destined to face the same tragedy as the basket building, I think. Shame.
Kinda late on posting that 'old THIRD QUARTER earnings call transcript on the JRJR website! Can't imagine WHAY!
SELL, SELL, SELL. The losses are mounting and future acquisitions are unfunded. This one's a DOG!
JRJR Networks sold the old Longaberger Daycare to a drug rehab facility named Cedar Hill. They just keep selling off and selling off till the companies they hold are no more, then make it look like they merged. No growth here... just a misleading business plan. JRJR is a closing company; that's it. They acquire crappy companies and sell them off bit by bit and then make it appear that the company is still operational. Betterware and Kleeneze, Paperly and Uppercase, Inspiration and My Secret Kitchen. Longaberger and Agel have proven a mess so they are trying to hold them up while selling them off because they can't buy any complementary businesses for either of them. Tomboy Tools or Project Home or whatever they are calling it this week is just history. And if you look into the history of Golden Girls, you see that there was NOTHING there except an alloy holding company... they were literally going to sell that off in one big swoop... but the price of gold tanked quickly so the deal was off. Oh, but at least we still have CVSL Connections: that has gone like a bat out of hell- not- even still lists Golden Girls as a company they own!
http://www.zanesvilletimesrecorder.com/story/news/local/2016/12/26/co-ed-rehab-open-april/95751910/
Well. Today's Current Report Filing says it all. JRJR33 has NO IDEA WTF they are doing. Stockholders are fools for investing in this mess: they are polishing the brass on a ship that's going d-o-w-n fast.
GOING DOOOOOOOOWWWWWWWWNNNNNN IN FLAMES! JRJR33 is still making claims that it is buying more companies. LOL. Yea... WE believe you! NOT!
Longaberger, Agel, and YIAH websites have been down since last evening. THAT'S a great way to run a business. The good news is that Project Home now Tomboy Tools AGAIN is humming right along...
ABSOLUTELY! LOL! Talk about heads buried in the sand. This crap-load of a company talked a good game while they could. Problem is, they just keep talking... and showing NO PROFIT.
THIS is a L-O-S-E-R!
Too bad they are too stupid to file on time and screw it all up for investors who see nothing more than a train wreck. This company has misinformed, misstated, and outright lied to investors since the beginning. Now they want you to bear with them as they shove Q1 (restated) data down your throat. Here's a newsflash- Q1 data means NOTHING when you are sitting in Q4!!! And I gotta tell you that their snickering about it all during the call was pompous and unprofessional as hell. So was calling the companies that they acquired "loser companies". Bet that made the folks at each of those companies feel good. Maybe the real truth is that JRjr33 is the loser.
.85 and faaaalllllinnnnggg...
So the company is changing its numbers!!! LOL! No good news here! Today is SELL OFF DAY! Watch as the price hits BELOW .60! And it shouldn't even be THAT high since there is NO PROFITABILITY... even though their previous lie said there was. Investors got a letter from them on Friday telling them that the company "knows what they are doing!" You know you are a bunch of screw-ups when THAT has to happen. Headed for the PINKS!
Ummm. Okay. So TL is going to go down in flames because she was in a secret sexual relationship with Michael Somoroff from the very moment she appointed him to CEO. The two of them jetted everywhere and rarely came to work. Currently, she lives in NYC with him in a loft. It's a joke that she thought she could get away with it. JRjr busted them and fired her after him. She sold her condo in Columbus Ohio and ran like hell. Or... Like a criminal. Some ask "what about Bernie Kosar?" Well, that was never a real relationship. He was on the payroll and they needed one another. He made out better than she. When his contract to act happy with her ran out... So did he. The whole collegiate line of basket crap was a flop. Further, Rachel no longer speaks to her sister TL. She was mad at her from the moment she announced the sale of the company to JRjr. The Rochon family will certainly win this battle and TL will be left in her NYC lift with her latest loser who will also grow weary of her. Frazeysburg wealth is a complete joke to Dallas wealth. Please please understand that she is completely out of her league here. As a disclosure, what is stated here is only my opinion based upon a lifetime of knowledge of this traiwreck if a family. I'll just cover my ass and say I'm probably totally wrong.
"PROPOSAL 3. Approval of increase the number of shares of common stock that we will have authority to grant under our 2015 Stock Incentive Plan from 1,500,000 shares to 3,500,000 shares."
WTH for!!? Squeeze the shareholders who already have lost their shirts by hurting the share price even more!? This is dilution! Of course, if John Rochon could take a moment out of his GD day to COMMUNICATE, the company may share why they want to raise additional funds. The answer SHOULD BE expansion! That would lower the risk of plummeting share prices. But no. They won't do this because this is the shittiest run company I have ever seen.
This is the WORST screwed-up move YET. It shows that they don't care about shareholders, don't have the money they need to run the company it has, and have no clue how poor their image is out there in the community.
Go to hell, JRjr33!