SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?


To: lib who wrote (2373)3/18/1999 5:48:00 PM
From: AC Flyer  Read Replies (2) | Respond to of 2452
 
You'll never see audited financials from TCBG....

...because it's not in Jon Darmstadter's best interest for TCBG to be a reporting company.

Remember, Jon has an absolute majority of the voting stock through his holding of 1 million shares of preferred stock, which each carry 20 votes, plus his common stock holdings. As such, TCBG is his personal ATM machine. He can vote himself raises, bonuses, special stock dividends, you name it.

I would be very happy to be proven wrong, but doubt very much that I will be.