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Re: mikeystrat post# 238736

Tuesday, 08/20/2019 9:15:55 AM

Tuesday, August 20, 2019 9:15:55 AM

Post# of 255667
Agreed--it would be the kiss of death if Berman was overseeing the day-to-day operations of Cogosense. Cogosense is a independently run company, with the original brains of the operation (Williams and Vanderleeden) still at the helm.

Berman is an investor (53% ownership at the moment) with intentions to purchase to entire company on the books. He also has the right to sell the product to HIS contacts. Berman initiates the deal and leaves the paperwork and shipping process to Cogosense.

Anyone contacting the company directly would deal directly with them.

It's very simple. It's not unlike Home Goods being owned by TJX companies. TJX is the parent company, but Homegoods, Marshall's, etc are run independently.