Serious shakeup going on at GFM. Website and Yellowpages.com have shown three different addresses in the past week. Not sure which address is right, but either way it seems like they moved out of the expensive office in Boston to a small shared office space. One VP just left. Cash injection is in with promise to pay photographers. These are all pretty drastic changes.
All these are good changes, but will they be enough? Is the brand damaged beyond repair? Most importantly, they owe $10 million to investors who want their money back and then some. Seems an almost impossible hole to claw their way out of.
Mar 03, 2017 at 11:03 AM
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