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Time to Get Real

Discussion in 'Millennium Laboratories' started by anonymous, Dec 4, 2016 at 9:04 AM.

  1. anonymous

    anonymous Guest

    Now that BNJ is gone we all realize on the sales team there is no hope, right? TC, CH, JS all gone and there is no one left to give it to us straight or dig us out of this hole. Why all the cost cutting and focus on revenue per specimen? Hmm.. maybe because our company has a $600 million loan they will NEVER pay off. Right now, we pay $45 million per year just in interest. In 4 years, the principle has to be paid in a balloon payment. Do you think the "board" is more concerned about raising commissions or paying down the debt? If there is no new product on the horizon, it's Chapter 11 (or 7) time in 2017. Polish your resumes.
     
  2. anonymous

    anonymous Guest


    I got out of this scam of a company a year ago. So glad I left on my terms. Made good money in the early days but it continued to drop. They are more interested in making money for their investors and paying the lawsuits off not putting money in the reps pocket. We ruined it for the industry. The ship has sailed. Get out as fast as you can.
     
  3. anonymous

    anonymous Guest

    I've heard that MH was looking to be sold for the price of a cool 700 mil. There's only an uphill battle here, reimbursement cuts have happened and will continue to happen. Now with "diverting" business they can put a stop on reps getting paid on their terms. Find another job.