GREY:LGLTF - Post by User
Post by
Hawkeye2012on Jun 09, 2015 3:14pm
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Post# 23812391
Future
FutureThis company was Ryu's creation and his acquistions were based on giving the appearance of growth rather than buying schools based on value. In this business a school's most valueable assets are its people. Sounds cliche, but it is really true in this industry. Mr Ryu forced out anyone who actually knew how to operate the business and kept people who only said "Yes Mr. Ryu"
What is remaining of the schools and agencies is actually worth much less than when it was first purchased. Not to mention all the uinionization that took place thanks to his management style.
For all those pumpers who so gallantly defended Ryu, you get what you deserve. I for one believed in this stocks concept, but Mr Ryu was allowed to stay too long and now its just a total mess . A pariah in the industry.