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

A Halifax radio section is under fire from a MP that is local who publicly denounced its “mail-order bride” contest.

On February 20, Q104 established “The Male is within the contest that is czech” which include five evenings in Prague, and four dates with a female from www.czech-bride.com.

The internet site showcases photographs within the aptly called “Czech females gallery.” The homepage promises a “trustworthy, expert and exclusive matchmaking service” for Czech ladies and international guys.

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

“As a female, i will be furious. As being a Canadian, i do want to apologize to all or any women that are czech to your 50,000 ladies of Czech descent located in Canada,” said Leslie.

Protesters call the competition sexist and dangerous.

“Presenting ladies as awards become won in a competition is form of appalling at this stage, i believe,” says Derek Dixon, who helped arranged a demonstration outside Q104 on Thursday.

However 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 plumped for, Douglas claims there is absolutely no mail-order bride included, no guarantee of wedding, or intimate contact of any sort.

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

He additionally insists the agency just isn't associated with individual trafficking, but alternatively, Czech ladies who’ve joined a dating that is international, that your radio place states this has verified as genuine. If it wasn’t, “it might have been ukrainianbrides.us best mexican brides gone ina moment,” Douglas told worldwide National‘s Ross Lord on Thursday.

“They really are a matchmaking solution which has the goal that is ultimate of individuals together that may 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 regarding the Bryony House Women’s Shelter.

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

Ehler adds, “(the website) speaks about solicitors 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 companies 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, ready to accept Nova Scotia residents just, closes Thursday evening, that was also worldwide Women’s Day.

SOUND OFF: just exactly What do you consider associated with the competition? Would this be a problem if it absolutely was for ladies to win times by 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 for the CNBC tv series The revenue compared to being the president and CEO of Camping World Holdings (ticker: CWH), a vendor of leisure cars and camping gear.

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

In accordance with a questionnaire 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 acquisition represents her total stake into the business. Meanwhile, Marcus Lemonis has roughly the same as 35.1 million stocks through limited-liability businesses, and controls 52% regarding the votes of Camping World through super-voting stocks.

Camping World did respond to a n’t request to create Marcus Lemonis open to touch upon Bobbi Lemonis’ stock purchase.

Marcus Lemonis hasn’t purchased any Camping World stock thus far this current year, 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, nevertheless the stocks begun to slip also before 2018 was over january. 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 on, with all the shares down 50% to date that 12 months, Marcus Lemonis desired to choose the stock, and ended up being ready to spend a penalty that is regulatory do this. Since it was indeed lower than 6 months since their purchase, it caused the alleged short-swing rule—meant to make certain insiders don’t benefit from nonpublic information—requiring him to settle the organization the essential difference between the May purchasing cost and exactly what he offered at in August.

In accordance with SEC documents, Marcus Lemonis repaid $556,920 to Camping World as he purchased 41,000 stocks from might 14 through 17 in 2018 for an overall total 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 into the term that is near “fundamentals should shine through with time.” On Sept. 14, Marcus Lemonis paid $493,480 for 25,000 more Camping World stocks, a typical per-share cost of $19.74. He purchased 17,100 more shares from Nov. 9 through Nov. 13 for a complete of $301,262, or $17.62 each.

Camping World stock finished 2018 at $11.47 for a 74% yearly loss. But shares are now actually right right back on the right track. Even with a slump that is early-march poor earnings, 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.