Clete is spearheading the same sort of success at Sports Clip as he did here. Most franchisees are going broke, but there is no way for them to short the stock. It is another failed business model, something that follows Clete.
Clete NEVER scammed anyone. People performed "arms length" transactions and freely sold him their firms. All those owners could have kept their companies right up to today. And held them forever, passing them down to family memebers forever.
But they sold and got lots of renumeration in return. No scams. No lawsuits. Nobody complaing. Its all in people's imagination that any scam happened.
I heard Clete drove a Ferrari when he visited Monaco on vacation. People are jealous of his big house and wealth. He is pretty sucessful for someone who just turned 40 years old recently. I mean in the mid-1980's (not that long ago) he was in High School. Yes high school. He was in Jr. High School in 1984, and grade school before that. Anyone "fooled" by someone that young is ignorant or on drugs in my opinion. Clete says "the winner takes it all - the losers, they stand small". No truer words were ever said.