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Re: tarkless post# 10396

Saturday, 11/12/2011 12:51:00 PM

Saturday, November 12, 2011 12:51:00 PM

Post# of 80869
As a little addition to my remarks about huge and ever increasing losses.....

The thing that really bugs be about these guys is that a lot of their spending isnt necessary. I know a small comany will take losses in its early years. I know money needs to be spent on product development, distribution, advertising, brand awareness, wages etc etc

But dont waste money oh huge management bonuses, dont give your co-vice presidents huge pay increases when your company is sinking, dont give away lamborghinis and spend millions on "training centres" that arent needed and certainly dont spend huge abounts on corporate entertainment.

The fact is these guys could have, and should have, tightened the belt a long time ago but they dont want to.

Thats what it boils down to.

maybe the new CFO will whip them into shape. but who knows.