Brent has left PWCC

[Republicaninmass]

Originally Posted by parkplace33

Whatever the case, Brent is still sitting pretty. And don't worry, he will pop up elsewhere. They always do.

Like Whack-a-mole

[Yoda]

Can only imagine that Fantastics valued PWCc's 'good will' at zero. Wonder why?

[Exhibitman]

Originally Posted by Yoda

Can only imagine that Fantastics valued PWCc's 'good will' at zero. Wonder why?

Logistics. They bought an existing vault with staff and inventory already in hand. No need to reinvent the wheel and no need to reacquire the customers. When you compare the outlay needed to build, establish and staff a new facility, picking up PWCC was probably a cheaper means of getting a vault. It's the T. Boone Pickens theory of oil exploration: why spend $50 a barrel drilling for oil when you can buy the stock of a company with proven reserves at the equivalent of $35 a barrel?

[Lorewalker]

To the skeptics, details on deals like these are never disclosed but typically in this hobby when some details start to circulate they are closer to the truth than fiction. So while ya might want concrete info, it does not mean it did not go down as suggested.

Everyone now knows the company was in trouble over lending issues and possibly or seemingly close to insolvency. The $1 paid is likely what was paid with some incentives to Brent.

That Brent is gone when just 3 months ago he gave this https://www.youtube.com/watch?v=oMdXQNQkbpc interview that indicated a great deal of passion and a vision for his company, an exit would be the last thing I would think he was wanting. Think the shit hit the fan over there.

The irony of this interview is that early on he talks about his departure from Engineering to build PWCC and his inspiration was seeing all these PhD's he was surrounded by run companies into the ground. What a difference 3 months makes...