Archive for July 27th, 2010

Jul 27 2010

Branson’s Spin – its all he has

Published by SJ under General

I see Sir Richard Branson is trying again with an attack against the banks and credit card companies. Good luck clown.

This guy gets so much positive news coverage and I just don’t get it. It is all hype with no substance. Lets look at the record

Virgin Cola – Business set up in Australia for a short period to compete against Coke and Pepsi FAILURE.

Virgin Credit Cards – First attempt went out of business FAILURE

Virgin Formula One Team – Catosprophic FAILURE

Virgin Brides – Bridal wear company formed in 1996. Closed in 2007 due to the company not being able to make any profit because of “an intensively competitive bridal market” (who would have thought). FAILURE

Virgin Cars – Sold cars on-line. Needless to say FAILURE

Virgin Gallactic – Have not seen one tourist go to another planet FAILURE

And my personal favourite Australia’s worst airline Virgin Blue, an airline started on the smell of an oily rag with some real purdy air hostesses. They hyped this half smoked cigar to the Australian stock market for about $2.60 a share and many-a-moron fell for it. I give credit to Branson for getting out of this company when Patrick’s came to him with a large offer for his majority ownership.

Ordinary shareholders were left to watch their share price drop from these dizzying heights to the meger 31 cents that they are today. They even had the honour of kicking in another 230 million dollars at the end of last year to keep the planes in the air.

Sooner or later Virgin Blue will go the way of the other companies on this list FAILURE.

I am not sure what Sir Richards next business plan is but rest assured if he were to take a nice big steamy dump in the middle of the Queen Street mall and then put a ‘Virgin Turd’ brand on it Peter Beattie would be there to try and secure this new company’s corporate headquarters, the media would report on the ‘Grand Opening’ with unparalleled coverage and a long list of ‘sophisticated investors’ would be lining up to purchase a portion of said steamer

The guy is a glorified sales rep, don’t believe the hype.

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