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Re: None

Wednesday, 09/25/2019 5:42:01 PM

Wednesday, September 25, 2019 5:42:01 PM

Post# of 483
SmileDirectClub flops in U.S. debut

Adding to the sour mood is a Forbes piece citing governance concerns with its many related transactions with affiliates of Chairman & CEO David Katzman's investment shop, Camelot Venture Group. The company paid Camelot over $3M last year for consulting services, over $8M to a Camelot affiliate for freight costs and $1M to another Camelot affiliate to lease a private plane



https://seekingalpha.com/news/3498965-smiledirectclub-flops-u-s-debut

This one is a classic pump and dump at the highest level.