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” competition.

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

The internet site showcases photographs within the appropriately called “Czech ladies gallery.” The website promises a “trustworthy, expert and exclusive matchmaking service” for Czech ladies and international males hotbrides.org/asian-brides reviews.

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

“As a lady, i will be furious. As a Canadian, I would like to apologize to all the women that are czech towards the 50,000 ladies of Czech descent residing in Canada,” said Leslie.

Protesters call the competition sexist and dangerous.

“Presenting females as rewards become won in a competition is type of appalling at this time, i believe,” says Derek Dixon, whom assisted arranged a demonstration outside Q104 on Thursday.

However the radio station’s system manager, J.C. Douglas, offers no apologies. The contest is said by him was misinterpreted. While a title that is provocative selected, Douglas states there is absolutely no mail-order bride included, no guarantee of marriage, or intimate contact of any sort.

That it’s really not a lot more than a European dating game,” he told Postmedia News“If you look beyond the name of the contest… you’ll see.

He additionally insists the agency just isn’t associated with peoples trafficking, but alternatively, Czech ladies who’ve joined an international dating solution, that your radio place claims it offers verified as genuine. If it wasn’t, “it could have been gone ina moment,” Douglas told worldwide National‘s Ross Lord on Thursday.

“They are really a matchmaking solution which includes the goal that is ultimate of individuals together that may result in matrimony. ”

But protesters don’t purchase it.

“We truly don’t believe it is simply a dating website,” says Laurie Ehler associated with Bryony House Women’s Shelter.

“This can be a site that is all-women dating. Men pay high amounts of membership charges.”

Ehler adds, “(The site) speaks about solicitors that assistance with immigration, to create your brides to Canada. And…if you go and search through the website, they’re also associated with other companies that explore Czech mail-order brides.”

As Q104 attempted to produce connections with this particular controversial competition, some advertisers have actually called it quits because of the radio section.

The competition, available to Nova Scotia residents just, closes Thursday evening, that has been also worldwide Women’s Day.

SOUND OFF: exactly exactly What do you believe associated with competition? Would this be a concern if it had been for females to win times by having A czech man? Share your thinking in the Global News Facebook page or international National’s Facebook page.

With files from Global National’s Ross Lord and Postmedia Information

Celebrity businessman Marcus Lemonis might be better recognized if you are 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 very first purchase of Camping World stock because the wedding.

Relating to an application 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 within the business. Meanwhile, Marcus Lemonis has the same as 35.1 million stocks through limited-liability businesses, and controls 52% associated with votes of Camping World through super-voting stocks.

Camping World didn’t answer a request which will make Marcus Lemonis accessible to touch upon Bobbi Lemonis’ stock purchase.

Marcus Lemonis hasn’t purchased any Camping World stock up to now in 2010, but he bought $1.7 million in stocks in the market that is open year following the stock destroyed three-fourths of its value.

In 2017, Camping World stock rose significantly more than 37per cent to $44.73, however the stocks started initially to slip also before January 2018 ended up being over. On March 15, 2018, Marcus Lemonis offered 130,000 Camping World stocks with an LLC for $4.6 million, an average that is per-share of35.51.

Editor’s Option

8 weeks later on, utilizing the stocks down 50% to date that 12 months, Marcus Lemonis wished to purchase the stock, and ended up being happy to pay a penalty that is regulatory do this. It triggered the so-called short-swing rule—meant to ensure insiders don’t benefit from nonpublic information—requiring him to repay the company the difference between the May buying price and what he sold at in August because it had been less than six months since his sale.

Based on SEC documents, Marcus Lemonis repaid $556,920 to Camping World as he bought 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 within the term that is near “fundamentals should shine through with time.” An average per-share price of $19.74 on Sept. 14, Marcus Lemonis paid $493,480 for 25,000 more Camping World shares. He purchased 17,100 more stocks from Nov. 9 through Nov. 13 for an overall total of $301,262, or $17.62 each.

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