He was a dumb choice. Didn't MoW do any DD?...


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Posted by BrewNGold on October 15, 2024 at 20:59:00

In Reply to: He was a bad choice from the start posted by TJJ on October 15, 2024 at 20:45:12

This was all out there.

"Shangri-La Industries, the main corporate entity, has not filed for bankruptcy, but it has hired a consultant to oversee a restructuring and try to salvage some of its real estate projects. In a May 13 bankruptcy court filing, that consultant, George Blanco, stated that Shangri-La Industries’ owner and CEO, Andy Meyers, “has resigned from any and all positions of authority.”

Two weeks earlier, Meyers had signed the Chapter 11 bankruptcy petitions as Shangri-La’s authorized representative."



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