Steven, My answers to your questions.....
As Tim indicated I became interested in Camelot because they brought what I considered to be a vindictive baseless lawsuit against a friend of mine ( which it turns out probably hurt them far more than it did the defendant), and because the charged me $50 for junk software called Digiphone. After much research I came to feel very bad about the fact that so many were getting burned buying their products and their stock. I decided to share the information that I had gained in order to try to help set the record straight. I attempt to be factual and objective in relating this information. I admit to not liking the way this company conducts it's business, and my presentation may show this from time to time, but facts are facts.
I have sources, who will remain anonymous to protect them, who are both current and former (there are a whole bunch of these people) employees of Camelot. I have good info that says their President of the retail division, and an executive VP left them late last year in a dispute over business ethics. Just last week a director of product development left after basically his whole department quit. Most of the people associated with the retail division have fled! These are just a few examples of the fact that Camelot has not been able to keep employees. 20% to 30% turnover rates for each quarter corporation wide have been cited.
You decide, does this information combined with their solid record of losing money, marketing failures, and ever diminishing sales based on uncompetitive products, indicate a company with a bright future, regardless of what business they are in?
Please note Steven, that all of the things I mentioned in the last paragraph are based on public record. There is no subjectivity involved whatsoever. You are right to "not feel good" about Camelot's future!! |
