Mail-order – spouse of ‘The Profit’ Star Marcus Lemonis Buys Up their Company’s Stock

A Halifax radio place is under fire from a regional MP who’s asian wife got publicly denounced its “mail-order bride” competition.

On February 20, Q104 established “The Male is in the Czech” competition, including five nights in Prague, and four times with a female from www.czech-bride.com.

The showcases that are website into the appropriately called “Czech ladies gallery.” The website guarantees a “trustworthy, expert and matchmaking that is exclusive” for Czech females and international guys.

Halifax NDP MP Megan Leslie expressed her anger into the House of Commons on after having reportedly received complaints about the contest wednesday.

“As a female, i will be furious. Being a Canadian, i wish to apologize to any or all Czech ladies and towards the 50,000 females of Czech descent located in Canada,” said Leslie.

Protesters call the contest sexist and dangerous.

“Presenting females as awards become won in a competition is type of appalling at this stage, i believe,” says Derek Dixon, whom aided arranged a demonstration outside Q104 on Thursday.

Nevertheless the radio station’s program manager, J.C. Douglas, is providing no apologies. The contest is said by him happens to be misinterpreted. While a provocative name had been selected, Douglas states there’s absolutely no mail-order bride involved, no guarantee of wedding, or intimate contact of any sort.

“If you appear beyond the title for the contest… you’ll see that it is actually perhaps not significantly more than a European relationship game,” he told Postmedia Information.

He additionally insists the agency is certainly not involved with peoples trafficking, but instead, Czech ladies who’ve joined a dating that is international, that your radio place states it offers verified as genuine. If it wasn’t, “it will have been gone in a few minutes,” Douglas told worldwide National‘s Ross Lord on Thursday.

“They really are a matchmaking solution with the ultimate aim of placing people together which could result in matrimony. ”

But protesters don’t purchase it.

“We truly don’t genuinely believe that it is merely a dating internet site,” says Laurie Ehler of this Bryony House Women’s Shelter.

“This can be a site that is all-women dating. Males spend high amounts of account charges.”

Ehler adds, “(the website) speaks about attorneys that assistance with immigration, to create your brides to Canada. And…if you go and search through your website, they’re also connected to other organizations that explore Czech mail-order brides.”

Some advertisers have called it quits with the radio station as Q104 tried to create connections with this controversial contest.

The competition, available to Nova Scotia residents just, closes Thursday evening, that has been also worldwide Women’s Day.

SOUND OFF: just just just What do you believe of this competition? Would this be a concern if it had been for females to win dates having A czech guy? Share your thinking regarding the Global News Facebook page or international National’s Facebook page.

With files from worldwide National’s Ross Lord and Postmedia Information

Celebrity businessman Marcus Lemonis might be better recognized to be the host of this CNBC tv program The revenue compared to being the president and CEO of Camping World Holdings (ticker: CWH), a vendor of leisure automobiles and camping gear.

Their wife Bobbi Lemonis, whom married Marcus in February 2018, has made her purchase that is first of World stock because the wedding.

In accordance with an application Marcus Lemonis filed, Bobbi Lemonis paid $1.3 million on March 15 for 99,094 Camping World stocks, or just around $13.27 each an average of. The purchase represents her stake that is total in business. Meanwhile, Marcus Lemonis has the same as 35.1 million stocks through limited-liability businesses, and controls 52% associated with votes of Camping World through super-voting stocks.

Camping World didn’t answer a demand in order to make Marcus Lemonis accessible to touch upon Bobbi Lemonis’ stock purchase.

Marcus Lemonis hasn’t purchased any Camping World stock thus far in 2010, but he purchased $1.7 million in stocks from the available market last 12 months following the stock destroyed three-fourths of its value.

In 2017, Camping World stock rose a lot more than 37per cent to $44.73, however the stocks begun to slip also before January 2018 had been over. On March 15, 2018, Marcus Lemonis offered 130,000 Camping World stocks with an LLC for $4.6 million, a per-share average of $35.51.

Editor’s Option

8 weeks later, using the stocks down 50% to date that 12 months, Marcus Lemonis desired to purchase the stock, and had been prepared to spend a penalty that is regulatory achieve this. It triggered the so-called short-swing rule—meant to ensure insiders don’t benefit from nonpublic information—requiring him to repay the company the difference between the May buying price and what he sold at in August because it had been less than six months since his sale.

In accordance with SEC documents, Marcus Lemonis repaid $556,920 to Camping World as he purchased 41,000 shares from might 14 through 17 in 2018 for a complete of $897,312, or $21.89 per share an average of.

Camping World stock proceeded to however fall. On Sept. 7, Barron’s noted that while negative belief surrounding the RV industry could continue steadily to consider on Camping World stock when you look at the near term, “fundamentals should shine through with time.” An average per-share price of $19.74 on Sept. 14, Marcus Lemonis paid $493,480 for 25,000 more Camping World shares. He purchased 17,100 more stocks from Nov. 9 through Nov. 13 for an overall total of $301,262, or $17.62 each.

Camping World stock finished 2018 at $11.47 for the 74% yearly loss. But stocks are now actually straight straight straight back on the right track. Even with an early-march slump on poor profits, Camping World stock is displaying a 16.8% year-to-date gain through Wednesday’s near, topping the S&P 500’s 12.7% increase.