Using the name Vivid for it's newest 2 clubs is another poor decission by the CEO
Even dumber than purchasing Jaguars for so much money. That purchase has clearly hurt earnings and margins. It seems that the CEO puts himself and whoever he does business with ahead of the shareholders who he is SUPPOSED to work for. This shouldn't be rewarded imho. I'm not interested in investing in this CEO, or in "people.of.porn", or filthy, useless websites. I only wanted to invest in a company who's expertise was supposed to be strip clubs.
Using shareholder cash to promote another company's business is not right imo. I thought that using shareholder cash to fund one's aviation hobbies was bad, but this is even worse. Apple wouldn't build a ground breaking Iphone and then pay another company to put their name on the product. That would be an insult to Apple shareholders. Vivid is an insult to RICK shareholders. The name and this CEO should be replaced IMMEDIATELY!