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Sunday, March 10, 2013 5:49:17 PM
I have heard nonsense about Boots in the UK and a chain named Shoppers Drug Mart in Canada, thousands of stores combined. If I'm the Whelans, I put my complete line into those chains, on consignment, or at promotional pricing - why not? What's to lose? Diddly, that's what.
As I have written in the distant past, I saw this as a classic case of 'Founder's Syndrome'. From Mary Whelan's recent sensible e- mail response, sounds like she has good common sense and perhaps should have a louder voice in the Whelan clan. Get out of your own way Founder Mr. Whelan, let Mary make you wealthy. First thing she'll do is hire an experienced CEO, I'll bet. I wonder, was Mary behind the Gro-International deal? I have heard the interviews of the husband and he seems knowledgable, talking the talk technically, but his aura, his 'presence' is not electric, seems to me something is missing. bIEL needs a dynamic leader. Anything less is irresponsible and self-destructive. Who doesn't get out of his own way if something hasn't moved forward in years? A fool, but even a fool can change his mind. Only a fool doesn't change his mind!
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