• 44 Posts
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Joined 2 years ago
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Cake day: November 15th, 2023

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  • A small number of board members biased the vote to get moreof their friends onto it. The now-majority proceeded to run the co-op like a for-profit business, expanding for growth’s sake, and ensuring that if (when) the co-op failed, they’d make out like bandits. They then voted to violate the charter of the company, declare themselves a for- profit corp, and sell to US investors.

    Those fuckers didn’t even pay out the shares to us owners. They stole the co-op from us.