Class action cost the company too much. Sack cj and his team is the right thing to do. Read below from the announcement:
“The feedback from buyers and the results make it very clear that we need to offer increased quantities of rubies in each category. This is because buyers and their jewellery customers need to be certain that there are enough similar rubies available to enable them to produce the required number of any particular jewellery item.
As if cj and his team never spoke to their consultants or buyers in the past. They just went on to extract rubies and just threw them the bags and hopefully someone will buy them with a high price. If cj stays, I'm not sure in the future if mus needs more fund, which financier will be able to listen to him. Geeezzz, 8% clearance and only 700k sales instead a bare min of 7mil.
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Class action cost the company too much. Sack cj and his team is...
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