InvestorsHub Logo

ty7

Followers 1
Posts 124
Boards Moderated 0
Alias Born 04/14/2014

ty7

Re: None

Tuesday, 07/03/2018 12:48:50 PM

Tuesday, July 03, 2018 12:48:50 PM

Post# of 34093
The Rochons are in no financial straits at all. Basically, they bought up companies with lots of assets, paid in part or in whole with JRJR33 stock, sold everything to the walls, stripped the companies of operating funds through fees, and then sent the money to Julie R in Russia. They put up for collateral the trademarks and names and intellectual property as a final f-you to everyone in exchange for an extra 5 million on the way out the door from a stupid company who are now going to join everyone else in the big cry-fest as they are left with nothing. NOTHING. JRJR Networks and Richmont Holdings are seeking chapter 7 & 11 bankruptcy. JGB is holding a bunch of CRAP that they thought was worth something... and it's up to THAM to battle with everyone over the little bit of nothing that is left. The Rochons are sitting on BILLIONS and paid NOTHING. And yes, this was their plan all along as it is not their first rodeo. These cowboys knew exactly what they were up to when they rode into town. That's why they brought with them teams of individuals whose job it was to sell/liquidate in particular kinds of assets: property, vehicles, office equipment, etc. That's also why they didn't give a crap about the consultants other than to motivate them to SELL SELL SELL the leftover inventories. They are genius... not moral... but genius at what they do, and they will do it again under a different name and in a different place. But hold on to that "worthless" JRJR33 stock, my children. Right now JGB is trying to force it's sale by Rachel and Tami. And guess who's salivating at buying it? Yup- the old man himself JR Sr!