A paid report out of Dallas, Texas:
No. I did not buy it. I posted the report because it indicates the growing interesting in offshore Guyana. Folks can place bets via CGX Energy (OYL.v) or Frontera Energy (FEC.to).
Some info below about them.
They provide lightweight, cost effective and test verified separation systems for the aerospace industry.
https://www.planetarysystemscorp.com/
The company has been around since 1998 and operates in Silver Spring Maryland, USA. Has over 50 successful missions with 100% success rate. Customers include SpaceX’s Falcon 9, Rocket Lab’s electron, ULA Atlus, etc.
https://www.planetarysystemscorp.com/flight-heritage/
Company has 4 main competitors and appears to be a leader in their field.
https://craft.co/planetary-systems-corporation/competitors
Space News article on the Rocket Lab acquisition of Planetary Systems
https://spacenews.com/rocket-lab-to-acquire-planetary-systems-corp/
For context, I live in the Philippines, a country that is tremendously rich in gold, copper and other natural minerals, yet we are probably one of the least attractive destinations for foreign investors, which consequently leads us to problems with low industrialization, low capital and an outflow of labor.
Why? For one, our economy and natural resources are closed off by a lot of protectionist measures. But secondly, we are one of the top 10 countries most impacted by terrorism as well as just general corruption. It is hard to set up businesses here if you will just be extorted by communist rebels, or even just the police and corrupt politicians. There are just so many hands you have to grease before you even have a chance. Why would Western corporations want to set up shop in countries where this is the case?
The same thing with Afghanistan right? It has a lot of natural resources too, but it is not as if you will get many companies to set up mines in a literal warzone. I do not see many other companies besides weapons contractors benefiting from that.
I currently have been trying to reduce putting my money towards businesses like Amazon with known, unethical practices. I understand that morality and ethics are subjective measures, but I personally deem businesses with evidence of worker exploitation, poor wages, poor working conditions, illegal business practices, and practices that harm the environment to be indicators of that business being one I don't want to support. However, the more I dig into the subject, the more I'm finding that there truly is no ethical consumption under capitalism. I've believed for a while that although it might not be possible to consume completely ethically, consuming more ethically is better than nothing. But now, other than the feeling of moral superiority, I don't know of any true benefits to trying to shop more ethically. Amazon is going to continue to expand with or without my personal support, so is there a point in trying to fight it? As far as I'm aware, my lack of purchasing from Amazon hasn't drastically improved their policies. I definitely still will continue to criticize corporations and do what I can to support the rights of workers.
Just a heads-up that my understanding of capitalism and these corporations might be more minimal than it is a full understanding. I have autism and so I struggle with processing, so please go easy on me if I misunderstood something crucial to this discussion.
I'm posting this with the hope my mind will be changed, that there are actual longterm benefits to my lack of participation in consumer culture and the purchasing of products from corporations I deem to have unethical practices.
My first job out of school was at a new free standing rehab hospital. The facility was a partnership between [large national rehab provider] and [large hospital group]. Previously there had been an inpatient rehab unit in [large hospital group]'s hospital in the city. When they opened the new rehab hospital, they closed down the inpatient unit and transferred all the staff there. Well that's sort of what they did. The rehab hospital's employees would all be employed by the [national rehab provider] instead of the [large hospital group] like they had been when they were at the inpatient rehab unit. Many of the nurses, especially the experienced ones, had accrued a lot of benefits under their employment agreement with [large hospital group], but [large national rehab provider] would NOT honor the previous agreements and instead offered notably lower benefits to all of the incoming staff.
You'll never guess what happened... [/s]
Yep, they lost a ton of nurses to retirement or other facilities in the area. This wouldn't be a huge deal, but there wasn't an abundance of nurses in the area... Surprise! The new rehab hospital was chronically short staffed to the point it limited their patient census. They also got locked into what I think of as the toxicity death spiral. Basically the stressful environment from the short staffing and some other poor decisions that corporate leadership made was pretty unpleasant. Since they were chronically short-staffed, they more or less refused to fire employees even if they were super toxic and bad at their jobs. Many of the good employees they had jumped ship fairly quickly. They ended up with a core staff of a ton of toxic jerks and high turnover for everyone else. Aaaaaaand then covid hit...
Needless to say, I don't work there anymore.
I don’t understand why major corporations don’t just make the workplace and they pay better for employees and attract people to work for them that way, rather than spending all that money on advertising that they’re looking for workers. Im pretty sure it would increase the time employees stay at the job too. So why don’t they do that instead?
Just watched LuLaRich on Amazon Prime. Very interesting. I learned how MLM pay structures work, but it never clearly explained why you would want to start an MLM instead of a normal corporation? Why sell leggings through the MLM structure rather than through traditional storefront retailers? Is it more lucrative? If so, why is it? Because you save on marketing costs? Any other reasons? Because MLM seems like a much more complicated business model.
Edit: My question is more why the person at the top of the MLM, the founder, is better off doing an MLM rather than a traditional corporation? It seems like the high turnover of independent retailers would be undesirable compared to opening your own storefronts or selling wholesale to established and stable retailers.
I always hear how corporations only donate to write off on their taxes. But how does that make sense? They don’t keep the money, it’s gone - they’ve given it away.
Does the government say “if you donate x amount of money, we will reduce your tax rate by x percentage”? This is the only explanation that makes sense to me, but from what I’ve read that’s not the case.
