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ceo side co. funding spp sales team? not again

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Post# of 14013
(Total Views: 118)
Posted On: 04/18/2023 6:43:19 PM
Posted By: ThreeEmInEn
Re: ThreeEmInEn #4351
ceo side co. funding spp sales team? not again

like the wild wild west. lol

one person just decides to have another snpw (public co.) subsidiary sign another note/loan with cac realty (owned by ceo) to fund an operation that spp ceo will manage. what if spp (ceo run) doesn't perform under the terms of the cac realty (owned by ceo). another subsidiary gets slid into the back pocket of the ceo owned cac realty and out of the public co. (snpw) portfolio.

same scenario how medrecyler llc ended up a former subsidiary. nice set up by one person playing both sides and the referee at the same time. must be nice.

who are these Spp sales people being hired? family? relatives? random applicants from indeed, working from home, waiting to milk another co. for 3-4 months of salary?

this 10-K revealed what a mess of situation the company/ceo is in. who on earth would lend this entity more than $10 for lunch?

sorry, i forgot about the 50 mil dollar website link https://www.fox-ess.com/global-partner/ bring zero revenue since the partnership was announced 17 months ago.

in my humble opinion

cheers



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