Thursday, September 27, 2018 3:45:03 PM
Common ones include stuff like Country Club Memberships, parts of travel, etc. For Selfon he viewed this company as his baby and probably charged some personal items to the business. He also probably worked more than anyone else and didn't charge some stuff to the company since he viewed it as his business. Every small business owner that I know operates this way and REPR is a small business.
i want to add to my response to you. the 8k said the problem is not financial. And the current management would not go to the expense to go after the little stuff. They would either close their eyes or ask that andy reimburse the company. The management is looking into something more serious. what it is we do not know.
i am not disagreeing with you about family businesses. family businesses are in business to enrich the family. provide jobs for family. and as you pointed out give some perks for the family.
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