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View Full Version : Is BRCC in trouble?


TOMAHAWK9521
05-22-2022, 12:58
Gents,

Is anyone else tracking on this? I never invested in their stock so I have zero visibility on its activity. Is this legit or is it an attempted shakedown?

https://www.prnewswire.com/news-releases/1791-management-sends-letter-to-black-rifle-coffee-company-brcc-demanding-they-brew-up-an-action-plan-to-address-serious-allegations-of-corporate-governance-failures-and-code-of-conduct-violations-301549388.html

7624U
05-22-2022, 20:28
I think it is a Shakedown look at the list from the guys own website of people and LLC's he's going after.

https://www.1791management.com/news

Same dude is a hedge fund manager and wrote a book
https://www.jonathanwallentine.com/post/jonathan-wallentine

think his math is working over time bring up lots of law suits and some will stick.

TOMAHAWK9521
05-22-2022, 22:19
Yeah, his accusations sounded way over the top. Plus, by mentioning how his dad allegedly lost out on his investments, it could be interpreted that this is nothing but a personal vendetta issue. Weird.