Saturday, January 11, 2014 10:25:06 AM
For years, evangelist John and his converts (myself included) promised great things to shareholders and potential shareholders. Remember the BNN interview, with 'profits in Q2 2011'...
Opertions have NEVER been lean, they've been fat all along, insulated by pure lard. Most of our cash has mis-allocated into ridiculous experiments like Pak-It, executive salaries and bonuses, COUNTLESS unnecessary salaries, trips to Africa, and numerous other "non-core" side-projects like Javaco. These are the facts.
If you're gonna 'fake it till you make it' you better have a crystal clear vision for the future. JBII has been better described as 'fake it till you break it', better yet, "fake it till you spend it". JBI's so called leaders have never had the wherewithal to support and build a business.
Question remains: Why weren't these "non-core function" employees let go IMMEDIATELY when Rick joined? I'd wager Rick wanted to 'keep the peace' with John's volatile personality. John's a brilliant scientist but he's too proud of himself to admit anything, I especially needing help, and that is exactly what JBI has needed from day 1.
Rick Heddle, I'm certain, has the right intentions and wherewithal - he's certainly put his money where his mouth is - but was he just sold by evangelists? How much did Rick really know about the internal workings of JBI before he jumped on board.... He's the best chance we've ever had at being successful and I hope
easytiger
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