James Woods RJ: Semaj Post Rating: 4 + / - Total Posts: 18 Karma: 31 Joined: Mar 26, 2012 |
Posted on Apr 22, 2012 Stores Owned:Automobile (10), Apparel(10), Office Supply(250) We had a recent questionable purchase history before I took over. Pepper 5 4,659 $50.00 $232,950.00 Molina Supplies Co. 2012-04-21 06:32:08 Market Price is roughly 30-35, and frankly I'm ok with this purchase even though he had no intention of ever selling said product You never know when overpaying for a small amount of pepper might save your life? CFRP 15 9,789 $5,000.00 $48,945,000.00 Molina Supplies Co. 2012-04-21 06:29:04 Someone spent 50 million on CFRP's. No factory, no store currently owned even sells or uses them. Average sale price is 3.5k in a store. Gold Ore 9 10,000 $1,000.00 $10,000,000.00 Molina Supplies Co. 2012-04-21 06:27:12 This is what made me notice what was occurring. Current B2B market price is about: 175. So someone paid 5-6x the current market rate, for a product they cannot use, see a trend? Action Figure 25 10,000 $110.00 $1,100,000.00 Molina Supplies Co. 2012-04-21 06:25:49 No factory, no store currently owned even sells or uses them. Overpriced by roughly 2x as well. Tungsten Powder 7 35,000 $100.00 $3,500,000.00 Molina Supplies Co. 2012-04-21 06:23:47 Another product we currently have no way to sell or use and it was bought for about 9x its normal market value. ---------------------------------- At this point we feel there is enough proof of obvious colluding to move 60-70 million in a way that would pass muster. I don't think the level of impropriety deserves harsh punishments, but either the negating of said transactions and a fine or some time in jail would be greatly appreciated. |
David Donlon RJ: Fenious Buttersmith Post Rating: 0 + / - Total Posts: 79 Karma: 53 Joined: Apr 10, 2012 |
Posted on Apr 22, 2012 James Woods takin' 'em to the woodshed!
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