Another unexplored item is Krell's board and who sits on it
Krell Moves to new location
Here is the old location https://sentrycommercial.com/industrial-building-sold-for-2-2m-in-orange/
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The board as created in 2009 by the "Investors" no longer exists. I imagine the three appointed board members by the "Investors" were shown the door by Rondi D’agostino when she regained control of the company in about 2016. (As she said, she reacquired Krell, in the Article above. ). I did a search to find any info about about any present board members. Found nothing. I did find something pre Rondi D’agostino’s death as for management personnel. Have no idea if it is accurate. Though if it’s on the internet it must be true. This one also shows revenues for 2023 of $15.3M Don’t know if is accurate.. What was the net, bottom line? https://rocketreach.co/krell-industries-management_b5c44eacf42e0df5 .
Here’s is another Link: https://www.zoominfo.com/pic/krell-industries-llc/39634277 Is this accurate? ??? I don’t see any Board Member’s names. Note the names, last updated. All as of 12/2024. Note the President’s name. Arnold Martinez What’s his background? Check him out. I see a familiar family name, Michael Bellas. The Late Rondi D’agostino’s husband. Looks like the SH forum post saying he had dementia was wrong... . |
Yeah generally no mandate for private companies to have a Board of Directors, although it can vary by state as to what functions a company must have. In a situation like Krell has gone through, I'm not surprised Rondi did not constitute a Board. I think it is also mute reinforcement that Bicking or any other investor did NOT have a significant financial interest in Krell. Invariably, someone putting money into a business or someone with substantial ownership wants a Board and someone looking out for their financial interests. |
@jea48 Kristopher is alive. I emailed him awhile back but he never responded. Owns auto repair shop. |
Yeah generally no mandate for private companies to have a Board of Directors, although it can vary by state as to what functions a company must have. In a situation like Krell has gone through, I'm not surprised Rondi did not constitute a Board. I think it is also mute reinforcement that Bicking or any other investor did NOT have a significant financial interest in Krell. Invariably, someone putting money into a business or someone with substantial ownership wants a Board and someone looking out for their financial interests. |
- 108 posts total