hence why I say DRAIN THE SWAMP!!!
What has failed among many things including the obvious imo is the board has been a complete waste of time & money and have little to show given how some have experience in financials imo. What made Jim entertain the financial lending space? when Jim’s expertise of 20 plus years has been in debt management operations now made bad decisions buying acquisitions in the lending space leaving in 2022 with the biggest write offs in 4 years. Has Jims son had any influence diverting Jim in the lending space given his sons education is related to financials making Jim to create a board that are all related to finances.
Like in sports 99% of the time your inexperienced first draft picks don’t alway prevail to be champions there are those 1% that are the exception to the rule. Doesn’t look like Ci1 struck gold today with any of them, particularly when Ci1’s board members all having high credentials in financials end up getting destroyed by Ci1’s debt management operations. Adding slat to womb the unproven “start ups” acquisitions purchased for millions OneStep, YoZo now look dull, overpaid underperforming by expectation.
not professional DYOR
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