RE: RE: They should beYup, RIC did alright on the deal.
Too bad URSA shareholders and their money was drawn into that mess with Pat. I often wonder where our BofD were as RS gambled our future. If that loan for $2 million dollars made on March 1 st was made public, I'm sure a lot of those cheer leading URSA and Patsies would have changed their tune about how well RS was operating both companies.
I'm not a fan of the liberties he took with our money here. Not at all. And I'm afraid he will not change. We need to be dilligent and have a strong BofD to watch over him....if we can swing it. But it might be too late already. Like that $2 m loan in March....we will never know it happened until we're down the tubes.
Lets hope we make it to the end of this downturn/recession/depression with a viable investment or a lest something to cheer about like those lucky Pat shareholders.
I doubt we will. I think having ole RS around to run things will ensure that there's a lump of coal in our stockings from here on in.