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Posted On: 01/06/2021 12:31:03 PM
Post# of 74803
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Re: adirondackhi #66635
I agree Adi , without the company diversifying as they have we may be in bankruptcy all ready . While i owned my business thirty three years and stayed alive thru three recessions , the one thing i was told early in my business was to diversify to succeed . While seven other companies in the same field went bankrupt over the years we stayed in business and managed to keep and pay all our employees . Thru diversification just like this company is doing . If you have never owned a business it may be hard to understand the route the company is taking however if you have owned a business you are probably looking for more cash to invest because in our business climate you better be diversified or your going no where. If you look at all the big companies in the world eg. Coke it is major diversified they don't just sell Coke , look at GM, Walt Disney they are involved in all businesses including the Porn industry . Also we have jumped into the fastest growing industry in the world today "santitation , gloves ,masks ,hand sanitizers so if you are going to diversify they have picked a hot market to jump into and still in it's early stages. Again this company has brought us back from bankruptcy to be a player in the markets they have chosen with there diversification i would suggest we all sit back and let this play out cause it's sure not helping coming to the board raising doubts about the direction the companies moving . We had no hope three years ago if the present management staff hadn't bailed our sorry asses out . Let them do what they do we are all stressed about no financials but that is in Auditors hands now so lets hope it gets done ASAP but we can't hurry what isn't in our control . Have a good day all.
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