Plick fired by Ammon

[anonymous]

Did Plick get fired? Is SH back at Ammon? Rumors are rampant since Ammon lost tons of business due to charity scam fallout!

 

[anonymous]

Did Plick get fired? Is SH back at Ammon? Rumors are rampant since Ammon lost tons of business due to charity scam fallout!

Nobody cares! Ammon is on last legs. No Foundation lifeline this time. They actually have to get work legitimately. Not gonna happen!

 

[anonymous]

Who the hell is Ammon?

 

[anonymous]

Ammon is getting ready for another round of lay-offs. Looking to reduce to company by 50% of employees.
They're looking to cut collectors. The entire billing department is being outsourced and they're currently struggling to even make hourly payroll. Every pay cycle their continues to be delays. Not to mention they do not even have a legitimate HR department. Just a clown named Pablo Casado who is extremely incompetent.

 

[anonymous]

Their company has gone downhill, ever since the bankruptcy, there’s just been more chaos for the Haupt family to deal with and people who deal with this place.

 

[anonymous]

Their company has gone downhill, ever since the bankruptcy, there’s just been more chaos for the Haupt family to deal with and people who deal with this place.

Rumor is that the Haupts are trying to scam the three Domineco dopes at ADL into joining forces. Shouldn't be difficult given the degree of desperation of the two train wrecks. Aaron and his family of idiots have brought the place down to a point of no return.

 

[anonymous]

Rumor is that the Haupts are trying to scam the three Domineco dopes at ADL into joining forces. Shouldn't be difficult given the degree of desperation of the two train wrecks. Aaron and his family of idiots have brought the place down to a point of no return.

Hope that family is smart, the Haupts will use them to get back up to where they want to be. Right now there is no money for the Haupts. The Ammon rep is gone due to the foundation scandal, illegal bribing, and more. The Haupt clan will deny it, but it’s true, clinics spoke out and strayed away.

So, they’ll use the reputation of ADL which is likely better than there’s and then go from there. At the end, they’ll just mess them up, they’re for themselves and prey off people and their situations.

Hopefully, the Domenico family is smarter, they don’t need that extra drama and chaos.

 

[anonymous]

Hope that family is smart, the Haupts will use them to get back up to where they want to be. Right now there is no money for the Haupts. The Ammon rep is gone due to the foundation scandal, illegal bribing, and more. The Haupt clan will deny it, but it’s true, clinics spoke out and strayed away.

So, they’ll use the reputation of ADL which is likely better than there’s and then go from there. At the end, they’ll just mess them up, they’re for themselves and prey off people and their situations.

Hopefully, the Domenico family is smarter, they don’t need that extra drama and chaos.

 

[anonymous]

Well, they all suit each other. The Haupts are looking for idiots to prey on. Once they have that, jackpot, they’ll hook ‘em, gain, and leave whoever it is miserable.


They’re just both two sinking ships.

Do you guys remember Dr. Verebey, their first ever director. Mr and Mrs. Haupt screwed him over for the 10% stake he had, but he was smart, he sued them and got three million.


Karma isn’t pretty. It’s not shocking that they’re trying to mess around and get by with silly tactics that are failing.

 

[anonymous]

Well, they all suit each other. The Haupts are looking for idiots to prey on. Once they have that, jackpot, they’ll hook ‘em, gain, and leave whoever it is miserable.


They’re just both two sinking ships.

The Haupts found idiot central at ADL and would have had a deal with the Domenico morons, but the PE guys are smart and stepped in to shut down negotiations.

 

[anonymous]

The Haupts found idiot central at ADL and would have had a deal with the Domenico morons, but the PE guys are smart and stepped in to shut down negotiations.

You have no idea what you are talking about. It is the PE guys pushing the Domenico family to find acquisitions/ mergers. COVID hurt every small to midlevel tox lab. Mergers/Acquisitions are the only survival. If I were ADL I would look elsewhere as the Haupts are not trustworthy, but the PE morons are supposed to have a bid in this week.

 

[anonymous]

You have no idea what you are talking about. It is the PE guys pushing the Domenico family to find acquisitions/ mergers. COVID hurt every small to midlevel tox lab. Mergers/Acquisitions are the only survival. If I were ADL I would look elsewhere as the Haupts are not trustworthy, but the PE morons are supposed to have a bid in this week.

Anyone talking to the corrupt Haupts are in desperation mode!

 

[anonymous]

Anyone talking to the corrupt Haupts are in desperation mode!

Revenue is revenue. Haupts want out. Talking to multiple suitors. I suspect they have about $5-m in business. If the price is right, who would not want that revenue. Also Medscreen & Clarity getting buyout offers. The market is crazy and all labs are in trouble! Look at SDX & RDX. They both sold!

 

[anonymous]

Revenue is revenue. Haupts want out. Talking to multiple suitors. I suspect they have about $5-m in business. If the price is right, who would not want that revenue. Also Medscreen & Clarity getting buyout offers. The market is crazy and all labs are in trouble! Look at SDX & RDX. They both sold!

Ammon’s reputation is just awful, because of that they’re finding themselves in chaos. SH has been trying to sell since he filed for Ch 11. That family deserves whatever they get at this point for all their fraudulent ways.

 

[anonymous]

Revenue is revenue. Haupts want out. Talking to multiple suitors. I suspect they have about $5-m in business. If the price is right, who would not want that revenue. Also Medscreen & Clarity getting buyout offers. The market is crazy and all labs are in trouble! Look at SDX & RDX. They both sold![/QUOTE

Whatever business that remains is extremely risky for any potential investor/partner. So any current revenue is a crap shoot going forward.

 

[anonymous]

Any current business any lab holds is a crapshoot. With all the labs chasing the same NJ business anyone could lose an account at anytime. It is nuts out there. All labs are doing what they can to lock down their business. Buying a Nj tox lab you expect to retain maybe 50% of revenue. So deal & payout structure are huge. I don't think anyone will get more than 50% of revenue down & the balance on an earn out of retained revenue. Accurate Labs got 40% down from LC and the rest on earn out. It is a buyers market right now!

 

[anonymous]

Any current business any lab holds is a crapshoot. With all the labs chasing the same NJ business anyone could lose an account at anytime. It is nuts out there. All labs are doing what they can to lock down their business. Buying a Nj tox lab you expect to retain maybe 50% of revenue. So deal & payout structure are huge. I don't think anyone will get more than 50% of revenue down & the balance on an earn out of retained revenue. Accurate Labs got 40% down from LC and the rest on earn out. It is a buyers market right now!

Tough, but given these circumstances and then Ammon’s crisis, do they even have chances of making a turn around of any sort with selling?

 

[anonymous]

Revenue is revenue. Haupts want out. Talking to multiple suitors. I suspect they have about $5-m in business. If the price is right, who would not want that revenue. Also Medscreen & Clarity getting buyout offers. The market is crazy and all labs are in trouble! Look at SDX & RDX. They both sold!

believable point, who would want to be part of this mess? The haupts are in a desperate phase, and it’s only a matter of time before them and the other toxicology labs eventually fade to black. The question would be, who will give the haupts their buyout? SH has been trying to get this lab off his hands for a while now, things are just getting worse for them as the days go by.

if accounts are also limited for these labs, makes you wonder what business are they even doing? How can they survive, or even staff their companies? Ammon is just a key example of this too.

 

[anonymous]

Any current business any lab holds is a crapshoot. With all the labs chasing the same NJ business anyone could lose an account at anytime. It is nuts out there. All labs are doing what they can to lock down their business. Buying a Nj tox lab you expect to retain maybe 50% of revenue. So deal & payout structure are huge. I don't think anyone will get more than 50% of revenue down & the balance on an earn out of retained revenue. Accurate Labs got 40% down from LC and the rest on earn out. It is a buyers market right now!

Exactly the point, but in Ammon’s scenario their puzzle is just a bit more complicated and brutal.

 

[anonymous]

Do you guys remember Dr. Verebey, their first ever director. Mr and Mrs. Haupt screwed him over for the 10% stake he had, but he was smart, he sued them and got three million.

Karma isn’t pretty. It’s not shocking that they’re trying to mess around and get by with silly tactics that are failing.

Yeah, I remember Dr. V. I left Ammon in 2016, and many times Dr. V was the one that would lend the Haupts money for our pay rolls. The Haupts usually held back our paychecks because “they had no money”. Makes you think though when they “didn’t have any money” if their wonderful fam also faced the same treatment we had faced. The apple doesn’t fall far from the tree, the greed and obnoxious nature of the family is passed on.