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Mission Statement
The mission of R3X Global Capital Group, Ltd. is
the methodical elicitation of a value creation
ecology structurally capable of creating and
distributing value within the corporate
governance/capital formation ecosystem in a
non-zero-sum fashion. This New Value Creation
EcologyTM is premised on the transparency of
governance practices and the elimination of
preventable judgemental errors in the design and
execution of competitive strategy – results that
inure to the benefit of all stakeholders of the
ecosystem.
This apparently ineffable mission becomes
intelligible by decomposing it into three
critical elements. The first element is the
reengineering of the corporate governance
ecosystem so that investors, directors and
managers can operate with singleness of purpose
rather than the conflicted relationship that has
characterized the agency problem for decades,
with the collateral benefit of identifying what
it is that fiduciaries and regulators should
manage, control and regulate.
The second element of the mission is
reengineering the concept of ownership of
corporate securities. Equity ownership has
historically been expressed via two primary
dimensions – voice participation on a limited
menu of issues and financial participation in
the issuer’s upside economic outcomes. Both
clusters of statutory rights have been muted in
an era in which boards have cavalierly
underperformed their fiduciary duties and CEOs
have assumed the imperial mantle of self-serving
and, sometimes, cult-like figures. The
consequent disadvantage to shareholders has been
egregious and indefensible.
The third element of the mission is the
reengineering of the valuation metric meant to
describe the value of the commercial enterprise
underlying the security. Though relative supply
and demand for an item have been historically
used to determine price and, hence, an inference
of value, we know that buyers frequently
misestimate value and correspondingly, overpay
or underpay for securities. This “casino-effect”
is a troublesome feature of supply and
demand-driven pricing protocols that ultimately
misleads investors, delivers false and
misleading feedback to the directors and
officers of the issuers and signals, as a
performance benchmark, a fuzzy and corruptible
standard.
To achieve this mission we define a strategy
that requires reengineering the infrastructure
and business practices of boardroom-fiduciaries,
institutional investors and securities’
exchanges.
Craig Mulch
Chief Executive Officer |