So I finally received a response as to whether or not Motions company is black owned, here is the response:
Hi Tara!
Motions was created by a group of African American investors who had all been in the haircare business for years!! They decided to get the best chemist in the world and professional support teams and MOTIONS was born!! It is "public-owned" which means that you, too, can own stock and watch your money grow!!
A RESOUNDING - YES!!!
Take Care!!
"The Expert"
Motions Professional
Hair Care Products
Now, notice how she did not say that the company is still under African American Management. Which means that if it's a public company it was purchased by a larger company, and we know who they are based on previous post. We also know that they are hardly black owned.
On another front, we can own stock in Motions, and the hair care industry is (especially AA hair care) a multi BILLION dollar industry. What I find insulting is how many other African American women who are going broke trying to keep their "hair did" (as Motions would put it) are aware that they can make money off of Motions? And why, instead of creating insulting comics about their biggest consumer, are they not passing out informational packets to us letting us know that we can have a stake in the company??? This Motions saga gets worse and worse IMO.
It's really sad to me because I'm sure the percentage of AA shareholders is very low.
It really is a catch 22 situation, because
1. This company completly degrades the AA consumer which is their target market. Whether they are permed or not all AA's should be insulted by this marketing tactic.
2. This is a public company. How many women in urban communities are aware of this fact? Probably just us now, and those that work for Motions.....it makes me wonder if THEY are public, there have to be other hair care companies that are publicly owned and so we need to research because it's times that the BILLIONS that the hair care industry makes off of us (the AA female) starts funneling back into our pockets.
3. On the other hand, having stock in Motions since they promote not only a harmful product but do so in such a racist way, even if there IS an opportunity for financial growth for the community it HURTS our community as well.
BUT if we (AA women) own more stock in these companies, we have more CONTROL over what is being printed about us and FOR us.
(just brainstorming) but if LHCF and other boards, were to ( as a community )band together to purchase stock in the company due to the large number of members we have on this board, it's quite possible that we could become one of the LARGEST share holders (not THE but ONE OF). Money talks (as we all know) and we would have even a larger influence on how they market to us AND we can start educating people in our communities about the stock options available.
Again, I'm not sure if I WANT to own stock in Motions but it's just shows how deceptive these companies are. They can "educate us" to be "tha BOMB baby" but never have I seen a campaign that says
"Buy stock in Motions and invest in your community" of course not because, well, black people don't buy stocks
We're too busy trying to get with LEO the CEO and BLING BLING
anyway, like I said I'm brainstorming....but I want to not only bring Motions Down, but investigate the other companies that we (used to) GIVE our money too and find out if THEY are public. This could be a way for financial leverage in the community's.
I mean even in a tough economy, you know people will still buy hair products........sigh, this makes me sad, but I'm seeing a way we can reverse this...
But would this be like buying stock in a ciggarette company when you know your aunt had lung cancer???? Again, for me this goes BEYOND Perms and Natural, but it's about racism and using stereotypes to market to us-US who are putting food in their mouths.
Any thoughts???
_________________
Hi Tara!
Motions was created by a group of African American investors who had all been in the haircare business for years!! They decided to get the best chemist in the world and professional support teams and MOTIONS was born!! It is "public-owned" which means that you, too, can own stock and watch your money grow!!
A RESOUNDING - YES!!!
Take Care!!
"The Expert"
Motions Professional
Hair Care Products
Now, notice how she did not say that the company is still under African American Management. Which means that if it's a public company it was purchased by a larger company, and we know who they are based on previous post. We also know that they are hardly black owned.
On another front, we can own stock in Motions, and the hair care industry is (especially AA hair care) a multi BILLION dollar industry. What I find insulting is how many other African American women who are going broke trying to keep their "hair did" (as Motions would put it) are aware that they can make money off of Motions? And why, instead of creating insulting comics about their biggest consumer, are they not passing out informational packets to us letting us know that we can have a stake in the company??? This Motions saga gets worse and worse IMO.
It's really sad to me because I'm sure the percentage of AA shareholders is very low.
It really is a catch 22 situation, because
1. This company completly degrades the AA consumer which is their target market. Whether they are permed or not all AA's should be insulted by this marketing tactic.
2. This is a public company. How many women in urban communities are aware of this fact? Probably just us now, and those that work for Motions.....it makes me wonder if THEY are public, there have to be other hair care companies that are publicly owned and so we need to research because it's times that the BILLIONS that the hair care industry makes off of us (the AA female) starts funneling back into our pockets.
3. On the other hand, having stock in Motions since they promote not only a harmful product but do so in such a racist way, even if there IS an opportunity for financial growth for the community it HURTS our community as well.
BUT if we (AA women) own more stock in these companies, we have more CONTROL over what is being printed about us and FOR us.
(just brainstorming) but if LHCF and other boards, were to ( as a community )band together to purchase stock in the company due to the large number of members we have on this board, it's quite possible that we could become one of the LARGEST share holders (not THE but ONE OF). Money talks (as we all know) and we would have even a larger influence on how they market to us AND we can start educating people in our communities about the stock options available.
Again, I'm not sure if I WANT to own stock in Motions but it's just shows how deceptive these companies are. They can "educate us" to be "tha BOMB baby" but never have I seen a campaign that says
"Buy stock in Motions and invest in your community" of course not because, well, black people don't buy stocks
We're too busy trying to get with LEO the CEO and BLING BLING
anyway, like I said I'm brainstorming....but I want to not only bring Motions Down, but investigate the other companies that we (used to) GIVE our money too and find out if THEY are public. This could be a way for financial leverage in the community's.
I mean even in a tough economy, you know people will still buy hair products........sigh, this makes me sad, but I'm seeing a way we can reverse this...
But would this be like buying stock in a ciggarette company when you know your aunt had lung cancer???? Again, for me this goes BEYOND Perms and Natural, but it's about racism and using stereotypes to market to us-US who are putting food in their mouths.
Any thoughts???
_________________
