Posted on 03/15/2020 6:39:19 PM PDT by Morgana
The Hixson man who bought 18,000 bottles of sanitizer and attempted to sell the product online is now under investigation by Tennessee's Attorney General.
Matt Colvin told Channel 3 before the investigation began that he was considering donating the leftover inventory.
Channel 3 went to one of the storage facilities where Colvin and his brother were storing the surplus of medical supplies.
Investigators with the Tennessee Attorney General's Office were already on the scene.
"At the end of the day, we have nothing to hide," Colvin told Channel 3.
Hunter Hoagland ✔ @HunterHoagland
JUST IN: Office of @TNattygen says the stockpiled medical goods were taken to a local church where they’ll be spread throughout the community & a portion of the sanitizer will go to KY where the brothers cleared shelves. Colvin says he was willing to donate. @WRCB https://twitter.com/hunterhoagland/status
(Excerpt) Read more at wrcbtv.com ...
Maybe he learned a lesson but somehow I doubt it. Either way it got back to the community free of charge.
I was wondering what laws did he break?
Might as well get rid of the merchandise asap. They are too well known right now for the wrong reasons.
This may pass as a ‘humanitarian act’, enough to slow the death threats down a bit.
Sometimes, it doesn’t pay to ‘corner the market’.
You may become a Villain.
price gouging in time of emergency
> price gouging in time of emergency
Preserves supply, reduces waste, provides choice.
They need to throw the book at price gougers!
He already is a villain. He’s had to leave his home over threats. I really don’t think he thought this through.
I’ve seen some video since this story broke and really he’s a dick.
It didn’t help that he first wiped out the inventory in the area around him, and then jacked up his price.
you know he has to live with those people too.
What possessed the idiots to let the NYT do a story about their hoarding/plan to gouge.
Can’t imagine any laws broken. Did he really think this was going to be worth it though?
I thought they got governmentally confiscated? Read that elsewhere.
If he’d just market them up 25% or so... He’d have made a decent profit and provided an e-storefront with a lot of sanitizer available in one place.
But he tried to pull a Martin Shkreli and corner a scarce resource in a time of need.
Amazon came down on him because allowing him to continue would make Amazon look bad.
I agree but he got very greedy. Plus to clean out all of it? Come on leave some for the rest of us.
I’ve scanned several news reports and all are saying he donated it to a Church.
Heck even clearing $1-2 per bottle would be an amazing profit.
We knew this was coming.
Making a profit from hoarding and for retail price gouging in-a-crisis is never a case for “Supply and Demand”, but rather one of extreme Profiteering, ripping off the vulnerable.
What a carpet bagger this jerk was.
Meanwhile, Denver doubles and triples the price of driving in the Express Lane every day.
They only do it during times of shortages in the other lanes.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.