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Re: teddibear post# 201227

Monday, 08/25/2014 11:46:49 AM

Monday, August 25, 2014 11:46:49 AM

Post# of 241039
Well, it is clear funds have been mismanaged severely in past years. They are down to bare bones now having lost so many employees and even their office space. Maybe next time the CEO wants to gallivant off to Timbuktu to try to sell a case of WC, he will rethink how better to spend that money! I would like to think that given all they have lost money,reputation, employees, the pride of having your own office..etc the ego of the CEO has taken a hard enough hit, he will stop letting it blind him to what makes logical and reasonable business decisions.

I wonder that if/when these new selling points happen, where will the money come from to produce the product or do they have a bunch sitting in a warehouse? More awful toxic financing? Has this company gotten in so deep with toxic financing there is no real way to pull things out of the gutter now? All questions I don't know the answer to as getting financing is not something I have ever had to deal with. I can't imagine any reputable organization being willing to loan them money given their history but I'm not well versed in such things. Time will tell I guess.

Enjoy your week!

wink




Everything I post is my opinion.