Saturday, July 05, 2014 4:43:44 PM
That said, I'm going to say something I've been thinking about. I think this would be a neat little boutique brand and company if it were run correctly and was not public. I would love to see the difference if it were private with principals not paying themselves big salaries and growing it organically without the public company play. I actually think it would be successful. But that's not the case. If anything, Margit and family are the biggest toxic financiers of all. I tried to find out if she's ever put money in but found no evidence of such. Sure she gave up a big portion of accrued salary but hey, she got 35 million shares not mention preferred which we don't even know the terms of.
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