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JoshTaeger

12/01/16 10:10 AM

#33692 RE: CPA-INVESTOR #33691

I'll dismiss the childish, shoot-the-messenger part of your reply and deal with reality.

JRJR is paying Richmont for it's so-called expertise. This is the expertise that created this fouled-up situation and that would get a CEO fired. So, I posit that paying a real CEO $2M for actual performance and results would be better than what's going on now.

Let's leave their inability to find a suitable CFO that will last more than a quarter or two to another thread. But even the rotating cast of CFOs is better than one they started with.

BTW, JRJR pays the rent on the "Richmont Family Office". Why is that? Doesn't the "billionaire" have enough investments and income to require at least his own office...or part of the JRJR penthouse?

JoshTaeger

12/14/16 5:26 PM

#33696 RE: CPA-INVESTOR #33691

CPA, so quiet these days...

...JRJR's now blown through another audit firm. How long until there's a new CFO?

Still think Richmont's fees are "reasonable"?

For a firm that "...is in negotiations with current debt holders to restructure and extend payment terms of the existing short term debt as well as potentially refinancing the debt"?

How about for a company where there is "...substantial doubt about the Company's ability to continue as a going concern"?