Zigziggityzoo, we review you too.
Quote:
Originally Posted by chosos
Zig is the one guy who seems to be answering most of the posts that myself and others have raised to the BoD, which I really wish he wouldn't do, because he is site staff, and it really seems to be complicating the issue and his level of involvement. Zig, I appreciate the information, but I don't feel that the responsibility for those answers falls upon your shoulders unless you are a member of the BoD currently, or were at that time, or you were somehow involved in this group buy at a greater capacity than we (normal members) knew of.
Yes, Zig does seem to have an awful lot to say within the frame of this whole AR-15 deal. He started multiple threads for Jeff on the topic and was the most prominent poster throughout all the related threads. Jeff had no better advocate throughout than his buddy Zig.
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When I first read this one my jaw dropped:
Quote:
Originally Posted by zigziggityzoo
Quote:
Originally Posted by donald150
JEFF
Now tell us how much you made from each lower
Just so I'm clear, why is that germane to MGO, as an organization, or you, as a member?
Zig has no clue why knowledge the president of the org has about a group buy is "germane" to either the org that he constructed the business deal with or a member asking for that knowledge to be shared.
The fount of ethical faux pas flows...
Quote:
Originally Posted by zigziggityzoo
It's important to remember that the price you saw listed: $250, was "worth it" in your eyes. So even if Jeff got these for free from CCGunworks and all the money went to his pocket, that shouldn't matter. That's the price you agreed to for the product you were promised.
All that said: Back of the envelope math:
$250 (price you paid)
- $10 (FFL xfer)
- $8.75 (Credit Card Fee)
______________________
$231.25 leftover.
Of that, a certain amount went to the manufacturer. The rest (if any) went to Jeff's pocket.
Jeff is free to divulge how much he made. CCGunworks is free to divulge what he charged Jeff if he wants. Then we'll all know. But CCGunworks/Jeff are under no obligation to tell you the wholesale price of these lowers if they don't want to tell you.
Do you, gentle reader, think that our Administrator understands that Jeff was bound by fiduciary responsibility to report this info to the org? I don't think he understands. Whether he was acting in a personal capacity or not, his duties as president of the org would require him to report this info to the board and to the membership.
This one sent my jaw aplunge again:
Quote:
Originally Posted by zigziggityzoo
Legally speaking, the State would want sales tax on the whole $250. Which would make the sales tax portion $14.15 per lower.
$250
-14.35 (sales tax - if paid... not sure if it was)
-8.75 (credit card)
-10 (FFL Fee paid)
__________________
=$217.10 remaining.
And at 97 lowers sold (I believe Jeff was keeping 3 for himself) that leaves $4083.70 in profits if it was $175/lower, $1658.70 if it was $200/lower.
Based on the information I received at the beginning of this, I believe the price was $190 per lower + $10 for the FFL fee is a total cost of $200. And if that's true, that is about $2628.70 + 3 lowers in "profit" for Jeff. He was telling people on the BoD that there was a new quad in it for him before the sale went (Which should give you a picture of how much $$ He was looking to make, and should tell you that the BoD was fully aware of the potential profit to be made). I believe this picture to be the most accurate of the ones drawn.
I'm personally of the belief that the person taking all the risk is deserving of all of the responsibility and reward. Had the lowers come out as high-end and perfect as described, no one would really have cared.
I also think that there should have been more full-disclosure at the beginning, but I hedge that with the fact that people thought the price was worth it for the product described.
Anyway, my opinions only.
Does one wonder why he thinks that is the most accurate picture? Or where he got all the info?
Jeff told him.
Still, at this point, now Oct 7, our Administrator has no conception that Jeff had a fiduciary responsibility to report all of the info he knew regarding this deal to the members.
Ethical faux pas continue...
An excuse has been offered that Zig started the AR 15 thread for Jeff in order to ensure the poll was structured correctly. You can see how the thread was worded by Zig at the beginning right here:
A message from MGO BoD President:
http://www.migunowners.org/forum/sho...d.php?t=234272Now, being that there was no poll in this thread, one wonders what the excuse for this post of Zig's might be:
From the MGO Board of Directors President:
http://www.migunowners.org/forum/sho....php?p=2001964It appears clear to me that it added an air of officiality in order to help Jeff. I bet it would have helped Chewy's sales if he could get his sale posted under the Admin banner within the forum. Sure does help to make it appear official...
That the president used Zig's Admin pulpit from within the forum to market the item, making money off of MGO logo-ed items while keeping it secret and not reporting the actual costs and potential profits to the members when requested, just increases the clarity of the ethical violations. A clarity that appears lost on our intrepid Administrator
Faux pas for the ethical road?
The clincher:
Quote:
Originally Posted by zigziggityzoo
BOD members act either on their own, or as members of the BOD.
In the case of the MGO Lowers, the BOD opted to not officially organize the group buy. Jeff still wanted it to happen, so he offered to organize the group buy on his own. The BOD allowed Jeff to use the MGO logo on a group buy he put together.
Um, no. Flat out no. Board of directors have sworn to always put the interest of the org above their own in any business relating to the org.
That is exactly what fiduciary responsibility means.
If your business in any way comes into contact with the orgs business, as a Board member, you are duty bound to put the orgs interests above your own.
No exceptions.
Zig clearly does not understand this concept. His own words, quoted throughout this thread, indicate as much with no room for error.
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Zigziggityzoo, due to your lack of humility in all of your official and unofficial business here in the forum and your complete failure to understand what the ethical responsibilities are of the board that you serve, you are the only member of the MGO staff in 2014 to deserve the Ultra News Channel's dreaded two thumbs down rating.
