Q Talk

[Icegoddess]

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@kaydee50 wrote:

I guess that's one of the reasons for so many "only order of the year" comments.

If I were a QVC/HSN employee I would be spiffing up my resume and actively job hunting including the hosts.

$70 million to retain employees???  No one is irreplaceable.  Well, maybe SK--LOL!!!

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@kaydee50 Well, it does appear she's willing to go the extra mile, LOL.  

[stevieb]

It appears that yet again QVC management didn't have their ducks in a row by having negotiated an agreement with preferred shareholders before the fact. As for retention bonuses, none of them should apply to upper management, who perpetuated this debacle in the first place. Bring in a transition team and be done with the existing management team.

[Puppy Lips]

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@JudyL wrote:

I would think the Preferred Shareholders would want the Company to continue and work towards getting back on its feet.  Seems like they are trying to sabotage the reorganization?  What do the Preferred Shareholders gain by doing this and possibly the Company shutting down?

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@JudyL Someone please correct me if I am wrong.  But as it was presented, the Preferred Shareholders lose all value in the QVC stock they have.  Their stocks vanish and new stock could be offered for sale.  If they block this from moving forward, maybe they are hoping a different arrangement will be made, funds reallocated, or however it works, where some of the value of their current stock is retained.  They have only to gain by doing this, otherwise they will lose it all.

[RescueLover]

Actually i think Shawn has the TikTok selling down to a science !!


I’m a HUGE TikTok and Instagram follower and Shawn is a natural at the fast paced and unscripted style that’s needed.




And she Definitely knows how to engage her audience !

[JudyL]

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@Puppy Lips wrote:

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@JudyL wrote:

I would think the Preferred Shareholders would want the Company to continue and work towards getting back on its feet.  Seems like they are trying to sabotage the reorganization?  What do the Preferred Shareholders gain by doing this and possibly the Company shutting down?

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@JudyL Someone please correct me if I am wrong.  But as it was presented, the Preferred Shareholders lose all value in the QVC stock they have.  Their stocks vanish and new stock could be offered for sale.  If they block this from moving forward, maybe they are hoping a different arrangement will be made, funds reallocated, or however it works, where some of the value of their current stock is retained.  They have only to gain by doing this, otherwise they will lose it all.

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Thank you @Puppy Lips for the explanation.  Makes sense now why they are blocking it.

[They CallMe MRWILKES]

That analysis makes sense.  Under the current plan the Preferreds would be completely wiped out.

So this seems to be a form of extortion,  if you will, causing QVC Group some pain and distress to get something in exchange. 

They have nothing to lose if it fails.  (Well, except for attorneys' fees!)

[1Professor]

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@They CallMe MRWILKES wrote:

That analysis makes sense.  Under the current plan the Preferreds would be completely wiped out.

So this seems to be a form of extortion,  if you will, causing QVC Group some pain and distress to get something in exchange. 

They have nothing to lose if it fails.

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@They CallMe MRWILKES @Puppy Lips @stevieb + all

As a former trial attorney and law professor (now I teach and study social behaviors)--this is what we used to call Messy Business to the Max.

Keep in mind that SOME stockholders are undoubtedly rich and don't financially rely on what happens, yet can cultivate objections and trouble for perceived Unfairness.

Here, lots of people will suffer Big Losses, no matter what.

TIME is not on anyone's side . . .

[AZfem]

When one buys stock, one is not "guaranteed" A return or profit on your investment. Many investors have lost all or something on stocks - note the crash of '29 when investors were jumping out of windows. 

Why do the preferred shareholders feel they are guaranteed anything?  The stock market is gambling; its a risky venture period.  You win some you loose some.  There are no guaranteed profits. 

[Beammeupscotty]

thanks for all of the knowledgeable posts and staying on topic of current situation.  thank you @They CallMe MRWILKES for starting the thread.  

[Krimpette]

I can think of very few hosts who would not be replaceable. Thus, no need for so much money for retention bonuses, unless for some level of management.