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hayward

04/14/21 9:38 AM

#335116 RE: bidmark #335110

bidmark

Could be all on the financial end and have nothing to do with V sales or distribution.

Michael

Lrich

04/14/21 9:43 AM

#335119 RE: bidmark #335110

Hopefully nothing. JT was a terrible CEO.

JT embodied the worst of all aspects. He would neither bow out and sell the company, nor would he support shareholders and pump the stock. He claimed a million times that GIA was better than partner or sale. As I've said to IR and him a million times, he not once why it was better and proved it with projections.

As much of a [insert colorful words that would get me barred from the internet] JT is, he was a great scammer, awarding himself and his buddies hundreds of million in total compensation over the years. As much as the board would have wanted JT out ASAP, I'm sure that August 1 was reached because it allows JT to steal a few more shares (this should cover the 2021 investors meeting gift package) and avoids JT from whipping out the termination package that was rammed through earlier this year.

lizzy241

04/14/21 9:55 AM

#335125 RE: bidmark #335110

bidmark, explain who the hell will be running the USA store. Maybe they will leave JT in Bridgewater to run the office till they lose in court again. Based on the 8K JT will be phased out during 2 transition periods, his last date of employment will be Oct 31, 2021. His official retirement day will be 8/1 at that time he'll step down as Pres, CEO BOD, from Aug till Oct will be considered a Senior Advisor and will receive 50% of salary. Additional benefits such as RSU, PSU healthcare will continue as of Oct 31.