Ouch. Seriously Lenny? That was a very bad idea to pay someone before delivering. Now he knows how his investors feel. Jazz, next time you talk to Lenny remind him that "burned" feeling is how his investors feel everyday. Hopefully he's aware. I'll remind him if I talk to him.
That being said it shows Lenny needs to some serious financial counseling by someone/anyone. If he continues to "get burned" by sharks then it's trouble for all of us, even Duane.
Like I said numerous times, he needs to hire a CEO or a CFO.
Lenny should have put that money towards building/filling product orders. With a profit margin in upwards of 50% (I'm guessing) he can fund himself through sales and growth.
Jazz I think you mean well, but you are an anonymous person on a stock bulletin board. Frankly I don't believe ANY quote that you say comes from Lenny. Either you or he thinks we're stupid. He threw away 50k of stockholder money trying to get a loan? He shouldn't have burned threw the money he stole from shareholders last year so quickly. Lenny needs to communicate with the shareholders directly or not at all. This 3rd party stuff through you is a joke. NO shareholder should have more access to lenny than any other.
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