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Old 8 December 2022, 04:15 AM   #35
BNA/LION
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Join Date: May 2011
Real Name: Larry
Location: San Diego, CA
Watch: ROLEX
Posts: 25,609
Quote:
Originally Posted by TheVTCGuy View Post
I have heard several times on here, that Rolex, the company, is a NOT FOR PROFIT organization. Now, My financial knowledge is slightly better then a horned frog, I can barely balance my checking account, but a couple things I DO know is without being a public company, Rolex does not have to report to stock holders. I also know that Rolex HAS to make a profit… I mean to pay it’s workers and pay for supplies and bills…. And… stuff.

So…exactly what does Rolex gain by being a “Not for Profit” Organization, what does it really mean?

Actually... for a Dorkelhead who looks like a Horned Frog and has zero math skills, that's a pretty good question!
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