JCS 13.0% 2.0¢ jcurve solutions ltd

General, page-39

  1. 12,574 Posts.
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    The key to safety for the JCurve "team" is the Oracle/NetSuite agency arrangement

    One of the thousands of agency operations worldwide for Larry Elison a billionaire.

    It costs JCurve in excess of $9,000,000 pa in salaries/wages/fees to run this business at a fixed commission rate.

    The company runs at a loss with an illiquid share price.

    There is nothing else apart from a couple of low-cost acquisitions with minimal clout. They are an appendage hanging in the wind.

    They do not need investors' cash as they can continue operating this business model ad infinitum and the "team" remains in a comfort zone.

    What a pathetic bureaucratic operation.

    The Chairman and the CEO have been with the company there since 2015

    8 years of shuffling deck chairs
    Last edited by hoofa: 06/06/23
 
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