Especially if you’re invested with them.
https://www.prnewswire.com/news-rel...and-code-of-conduct-violations-301549388.html
https://www.prnewswire.com/news-rel...and-code-of-conduct-violations-301549388.html
BRCC May wanna read this
- Thread starter "J"
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As someone not well-versed in stocks and public companies, is this saying in layman's terms, they pulled some smoke and mirrors tactics to line their own pockets? Honestly, the allegations were like reading a foreign language to me.
That’s how I took it as well, not well versed on PC shaming but that’s my take.
I hope they’re wrong
I'll drunk my AK with a clear conscience for now, but will vote with my $ if this proves to be substantive and truthful.
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It appears that 1791 has filed suit and a SEC complaint also. If what they're saying I true it'll be a massive issue for BRCC. Either way expect their stock to take a hit.
I've never cared for the company personally. I think they heavily use the veteran angle as a marketing scheme and branding tool, but only produce meager outputs for vets in return. Sure they do things like a BOGO sale and hiring about 40% vets. But that's nothing in the scheme of valuation built completely on a pro vet and 2a marketing stick. For instance, their IPO had them valued at about 1.7 billion. They pledged just 5.3 million in shares to their charitable arm. Something is better than nothing and everything helps, but it's pennies compared to the legacy they've built on the marketing path of pro veterans support. And the hiring thing holds less water with me when some of their top wage earners like the VP of IT and their Social media manager get identified as having donated to pro-Biden and Democrat campaign funds. The proofs not in the pudding with me and their pro vet stance. Just my opinion though.
I've never cared for the company personally. I think they heavily use the veteran angle as a marketing scheme and branding tool, but only produce meager outputs for vets in return. Sure they do things like a BOGO sale and hiring about 40% vets. But that's nothing in the scheme of valuation built completely on a pro vet and 2a marketing stick. For instance, their IPO had them valued at about 1.7 billion. They pledged just 5.3 million in shares to their charitable arm. Something is better than nothing and everything helps, but it's pennies compared to the legacy they've built on the marketing path of pro veterans support. And the hiring thing holds less water with me when some of their top wage earners like the VP of IT and their Social media manager get identified as having donated to pro-Biden and Democrat campaign funds. The proofs not in the pudding with me and their pro vet stance. Just my opinion though.
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