So now Joey's spreadsheets lie too?
I think you have the wrong end of the stick. We are not saying Joey's spreadsheets were lying. They would obviously be correct. Chase lied to detectives about it. He claimed he gets 65% with the costs coming out of his side. But as we all know, MSM now did all the fabrication and the costs came out of Joey's side.
CM: Yeah. I made 65%. If Joseph sells a waterfall for $10,000 he pays me $6,500 he keeps $3,500, he makes $3,500 on every, he makes 35% pretty much across the board. Um that’s just, that’s the way the math comes out, and so
TD: And that’s because he’s the owner of the business, has the website and makes all the contacts for sales.
CM: Contacts for sales and he does all the shipping. So that 35% is, it’s a pretty big number when you’re doing
TD: Because that’s pure profit, 65% is on you and
CM: Yeah, I got a lot of, yeah I often manufacture the waterfall, I buy all the stainless and the glass
TD: So the less your cost the more your profit. Basically.
CM: Say that again.
TD: Well if you have a fixed fee of 65% whatever your manufacturing cost, the residual is your profit.
CM: Yeah, well basically if, if, if I make let’s say I make $6,500 on a $10,000 waterfall, it’ll generally cost me as a matter of fact I just did a bid on one,
TD: You don’t have to show me the details.
CM: No I just did a bid on this one right here, this one, this is two waterfalls at 9,500-10,000 ok, it’s going to cost me $2,500-2,750 per waterfall to just the basics, to buy, yeah, yeah just the basics, and then I have to pay to have it produced, so by the time it [x] down a $10,000 waterfall gives me, makes me $1,500-1,800, so which is still good for me, because now I don’t do a whole lot of hands on, stuff, I was doing everything I was building every waterfall all myself, and I was dying, you know, that’s what gave me a heart attack, actually, it was, because we got really busy last year, and we were just…
You are assuming that Joey was planning on sticking with MSM when Susan's testimony contradicts that when she stated that Joey was planning on moving everything to one central location and closer to home (that would exclude MSM IMO) She also had to admit that it didn't exclude Chase, at least that is not what she told the Det. Hanke back in 2014.
I don't assume that at all. It seemed the relationship was not going well.
In business, mystery equals margin
MSM had basically demystified how much the actual production costs were. Joey now had transparency on that.
So it surely must have been obvious to Joey by this time that he needed to get a firm grip on the operations side because lots of his profit margin was bleeding out there.
I'm all for having productive discussions, but this is not productive IMO I can show you the evidence and it doesn't matter. I'm okay with that, and I would absolutely not be offended if you just skipped my posts
I think we are just at cross purposes.