I think the days of Procaps are fast coming to an end and that's easily understood when you factor in the likes of a guy called Rob Molyneux supposedly 'running' that company; in my opinion, that man has as much commonsense as a teapot, the social skills of a pig with halitosis and the business acumen of a daffodil.
Let's hope the spiritual owner of that company returns to take up his rightful position ....
I think that's a little unfair, and here's why;
Richmond engineered the departure of several key paint production staff, all at the same time, from Procaps, to GI Milsim. This directly affected the ability of procaps to make paint, at least good paint.
At this point, the new CEO made a harsh, but in my opinion, utterly necessary decision, to cut all other people with close ties to Richmond/GI Milsiim, as he believed that these people were just counting the days, and gathering intel for Richmond, before joining him themselves. In fact, this has eventually bcome the case in almost every example.
In other words, he was right.
Now, I'm no fan of the guy, and have never met him, but he made a difficult business decision, at a difficult time, and it proved (at least in my eye's, and at least in this case) to actually be the right one.
The loss of the traditional business is another matter. Strike another blow for KEE I guess. Does everyone think thats a good thing for the industry? I don't.
Look for Procaps to be sold by Christmas (Dec 31st)