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Thursday, December 18, 2008 6:42:24 PM
In retrospect, we all have 20/20 hindsight about the current troubled situation at Revenge.
While all of the subjective "would have" and "could have" variables are interesting to think about, experience tells me that until you've been there, you just don't know what you might have done in such a high stress situation, plain and simple.
Unfortunately, I believe that the ceo of Revenge chose to pursue a path that underlines not only his incredible ineptitude as a chief executive officer, but also displays his abject lack of personal character and integrity as he proceeded to continue the charade with vaguery after vaguery and delay after delay, all without any regard whatsoever for the people who made this Company possible in the first place.
I feel strongly and will re-state that both Revenge management and the shareholders were and are in exactly the same boat and if the ceo had made one single gesture of honest and explanatory good will toward his shareholder base, they would have rallied to him and done whatever was necessary to enhance the Company's chance of survival.
I deeply believe that the Revenge ceo has continually allowed his personal hubris and financial insecurity to triumph over what was right and fair, and in that series of acts, laid the foundation for the demise of those who gave him a chance, which to me makes him nothing but an over-proud, scared, lying coward who does not deserve to run a company, much the less one based on the confidence of others.
I'm sure he can design some things that are automotive related and perceptibly cutting edge
I'm sure he's extremely pleased about getting close to introducing his super car
But I sincerely feel that he most assuredly cannot manage a public company
And in my opinion he most certainly has no integrity or character
And I believe therein is spelled his eventual failure
All he had to do was tell the truth
What a pathetic fool he was
I'm done now.... adios
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