Tell him you think you can pull together $3M or perhaps more to buy his shares and see if that is more to his liking. Point out to him that $3M invested in a 10-year annuity at 5 percent would give him annual payments of $370K per year risk-free, no-work, just play!
Or he could continue to slog away amid his growing anger over his own failings, risking shareholder litigation, other litigation, SEC issues, competition, market share, hiring/firing, etc.
See if he nibbles.
I rarely ask others to do my work for me, but in this case Marcus Frasier has essentiall stuck his fingers in his ears when it comes to hearing anything from me. The old I-don't-want-to-hear-and-you-can't-make-me deal.
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