JeffO,
As a stockholder in this company, and a member of SI - I can present any point of view I wish - in accordance with the SI-TOU; and I certainly don't need your permission or approval... Maybe you should stick to your private website, or start your own JeffO's personally hyped and controlled MVEE Thread to go along with it....
Cataldo has been presented as a "fixer", who is going to bring some efficient, and I presume honest, business practices to this issue.
The movie industry has a running history of funny business, goofy financial practices, unsavory associations with criminals, skumbags preying on impressionable young people, etc., etc., etc., thoughout its entire history.
If you want to put a end to, or avoid even the hint of, such garbage, you hire a KPMG, or Arthur Anderson, etc., to ride herd on the money and ovesee the business practices in general.
If an accountancy of that caliber finds "funny business" going on - they bring it to managements attention immediately and it gets fixed; or they'll publicly resign. If a Big-8 firms hangs it up and goes home - you know that something is really hosed.
I never said that such practices "..were.." going on; per your twisted inference.
I presented the proposition that Cataldo should make certain that it isn't, and won't, by hiring a firm with impeccable credentials to guarantee it!
My point stands: if you don't want Hollyweird funny business to become an issue down the road - you put systems in place to guarantee it; and you make a public statements to the fact.
Float-schmoat, and film festivals be damned; "..who's minding the money.." which ultimately controls the value of the company.
John :-) |