Wonderings about psychology of MSW Recycler side c
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Posted On: 12/13/2022 12:05:06 AM
Wonderings about psychology of MSW Recycler side company start up in 2018
Wondering why the ceo of a new public company would feel compelled to start a side company in a competitive recycling space with snpw's new darling, at the time, Medrecycler LLC, approximately 18 months after snpw went public?
Wondering if initial investors of snpw knew about MSW Recycler before they made their initial investments?
Wondering why the ceo would go further, with a side company, by applying for an 85 million Mississippi tax exempt bond, while getting ready to spend 9 million on Medrecycler equipment, shipping, warehousing and assembly?
Wondering why a ceo would use the same mailing address for a side company as a public company since MSW Recycler's inception?
Wondering why snpw ceo (also ceo of MSW Recycler) would be listing pyrolysis equipment online, under MSW Recycler name) approximately one year or lessa after Medi-Ri lost its appeal to Ri DEM?
Wondering why would a ceo (if all-in) not work on a side company startup like MSW Recycler under the umbrella of the public company (snpw)? That might have shown loyalty to shareholders?
Wondering why a ceo would strip Medrecyler LLC (giving himself 100% membership) from the public parent company umbrella after wasting 9 mil in equipment and affiliated costs by making a political calculated gamble on Ri DEM slam dunk license? And after taking a write off for 3 milfor snpw in 2021 by deconsolidating Medi-Ri from snpw financials?
Somethings can slip through the cracks, maybe? And all of a sudden does a 50 mil loan promo make all of the 5 years of carnage all go away? Maybe it's only day traders that could have that mentality of not looking at reality in hopes of getting that losses back?.
I don't believe there are any real investors left in the waiting room.
in my humble opinion
cheers
Wondering why the ceo of a new public company would feel compelled to start a side company in a competitive recycling space with snpw's new darling, at the time, Medrecycler LLC, approximately 18 months after snpw went public?
Wondering if initial investors of snpw knew about MSW Recycler before they made their initial investments?
Wondering why the ceo would go further, with a side company, by applying for an 85 million Mississippi tax exempt bond, while getting ready to spend 9 million on Medrecycler equipment, shipping, warehousing and assembly?
Wondering why a ceo would use the same mailing address for a side company as a public company since MSW Recycler's inception?
Wondering why snpw ceo (also ceo of MSW Recycler) would be listing pyrolysis equipment online, under MSW Recycler name) approximately one year or lessa after Medi-Ri lost its appeal to Ri DEM?
Wondering why would a ceo (if all-in) not work on a side company startup like MSW Recycler under the umbrella of the public company (snpw)? That might have shown loyalty to shareholders?
Wondering why a ceo would strip Medrecyler LLC (giving himself 100% membership) from the public parent company umbrella after wasting 9 mil in equipment and affiliated costs by making a political calculated gamble on Ri DEM slam dunk license? And after taking a write off for 3 milfor snpw in 2021 by deconsolidating Medi-Ri from snpw financials?
Somethings can slip through the cracks, maybe? And all of a sudden does a 50 mil loan promo make all of the 5 years of carnage all go away? Maybe it's only day traders that could have that mentality of not looking at reality in hopes of getting that losses back?.
I don't believe there are any real investors left in the waiting room.
in my humble opinion
cheers
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