Monday, January 29, 2018 4:09:49 PM
And statements from the CEO’s twitter feed is what seems to suffice for “due diligence” in pennyland. LOL.
But it isn’t.
“Due diligence” by definition is looking for the negative. That which the company does not want you to know.
Some of the due diligence presented on this board regarding the deal Cellucci signed with Sibannac was an excellent example of what it should be. And despite doubling down on Mersky over the weekend, Cellucci STILL ended up terminating a “deal” that should never have been done in the first place.
Perhaps he struggles with performing due diligence himself?
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