Malibu Is Not Employee Owned!

(jillyjam) · (jillyjam) **Join Date: Feb 2006** 07-26-2007, 11:46 AM

Malibu has always preached that they are employee owned...I call Boo Yah! I found that Black Canyon Capital, LLC has a controlling interest:
http://www.blackcanyoncapital.com/portfolio.html

(woreout) · (woreout) **Join Date: Aug 2006** 07-26-2007, 11:51 AM

I always thought it was Walmart.

(jpk) · (jpk) **Join Date: Sep 2005** 07-26-2007, 11:52 AM

Uh, what's your point? They gave equity in the company to help finance operations? So what?! Do you have a mortgage and still claim to be a homeowner?

How do you know that Black Canyon owns 100% of the company and that employees or others don't still have a percentage of ownership?

(jillyjam) · (jillyjam) **Join Date: Feb 2006** 07-26-2007, 11:52 AM

billy, your too funny

(05mobiuslsv) · (05mobiuslsv) **Join Date: Apr 2006** 07-26-2007, 11:52 AM

And MC as K-mart right....

(ttrigo) · (ttrigo) **Join Date: Dec 2004** 07-26-2007, 11:53 AM

leave Columbo alone. he is on to something really important.

(woreout) · (woreout) **Join Date: Aug 2006** 07-26-2007, 11:57 AM

Blue light special on tower braces, Isle 5

(deltaboy) · (deltaboy) **Join Date: Jan 2007** 07-26-2007, 12:13 PM

49% from what I hear.

bocephus 07-26-2007, 12:23 PM

Uhh...Ok Thanks!

Isle 7 Billy, get it straight!!!

alanp 07-26-2007, 12:29 PM

damn i was just gonna go buy a new bu. not now. i would never buy from a sell out company!!!

now where did my shopping list go? im off to wally world

(hal2814) · (hal2814) **Join Date: Feb 2006** 07-26-2007, 1:51 PM

Unless your local K/Wal-Marts are arranged into small islands, I think you mean Aisle 7 and 5.

(o2binvallarta) · (o2binvallarta) **Join Date: Jul 2006** 07-26-2007, 2:06 PM

^^^^

bocephus 07-26-2007, 2:11 PM

No I mean Isle 7. Our local Walmart is underwater right now....

(mbrown) · (mbrown) **Join Date: May 2005** 07-26-2007, 5:46 PM

WOW, way to send those Malibu owners reeling. I think that kind of brutal facts will put them in their place. Thanks for keeping us all informed about the lies that Malibu represents. That's a big gotcha...now what?

(malibuboarder75)

You better not buy any wakeboards, because every wakeboard company (most of them anyways) is owned by the same investor.

(woreout) · (woreout) **Join Date: Aug 2006** 07-27-2007, 6:35 AM

Dante sorry bout the spelling, never worked at a K/Walmart. BTW hows there benefit package?

p.s. my spelling sucks

(hal2814) · (hal2814) **Join Date: Feb 2006** 07-27-2007, 10:19 AM

I know you're trying to be funny but your question is interesting enough that I'll answer. I never knew anyone who worked at K-Mart but I do know that Wal-Mart has pretty good benefits for people who have been there more than a year. I had a friend who worked there for 10 years and he had better health care than I do as a software developer working for a mid-sized company. Also, their employee stock purchase plans are a pretty good deal but I'll keep my 401K. The pay isn't that great but if you work the system, you can get up to $35K-$40K per year for basically being a stock boy.

(woreout) · (woreout) **Join Date: Aug 2006** 07-27-2007, 11:04 AM

WOW! I dont know whether I should go buy stock or apply. Nice answer!!
So you design paper plates, cool. J/K

(cresko) · (cresko) **Join Date: Jul 2007** 07-27-2007, 11:51 AM

Id say its a pretty good thing. Financing only helps push the company to new levels. So while everyone here jumps to conclusion about malibu being a company of lies, id say take a second look at malibu and how well there doing. What most people dont realize is this is a growing sport, every company is going to grow and help push the sport. This financing for malibu helps them design perfect wake machines, and excels the entire community.

(auto) · (auto) **Join Date: Aug 2002** 07-29-2007, 3:52 PM

Wow what a newsflash, welcome to last year.