Wrong, Billy is just robbing the company blind. Stealing every dime that comes in. That's why LVVV is on the track to nowhere. The only hope we have is a buyout by a legitimate company. I am sure they are sniffing around for potentially profitable farms. Any half wit can read the financials and realize the how huge the skimming is. Skimming is the wrong word, skimming insinuates a small percentage. He is taking the bulk, but its the word I will use.
I predict jail time for Bill and his partners in crime. He is skimming as much cash as possible, to the extent he is not even paying the property taxes. Then he is loaning money to who knows who, every quarter the loan value goes up. Plus, LVVV cannot pay its property taxes and, again, every quarter the accounts receivable grows.
I believe everyone at the top from Bill, Riley, Spain, Dole and Moreno plus the attorneys, who have to be waist deep in this, are all going to be implicated in this scam.
Enlighten me, how does a company triple the grow and have the same income as the previous quarter?