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Here on this message board we are inviting all readers to discuss MRU Holdings, Inc. You may anonymously post comments with any information that they have about MRU Holdings, Inc.

Former Colleague · Guest

Worked closely with him at MRU. Incredibly quick at pulling together a coherent view of all issues that will be impacted by technology decisions and actions. Sadly, other executive management may not be able to understand where he's going as quickly as Jon - but that reflects more on them than it does on him. His intuitive leaps are head and shoulders above the norm. Executive colleagues with healthy egos work well with him, but those who worry about being shown up might get nervous with somebody as strong as Jon working so closely to them. He is excellent - one of a kind, but should be in a better place than MRU.

Calm Lion · Guest

Former Colleague wrote:

Worked closely with him at MRU. Incredibly quick at pulling together a coherent view of all issues that will be impacted by technology decisions and actions. Sadly, other executive management may not be able to understand where he's going as quickly as Jon - but that reflects more on them than it does on him. His intuitive leaps are head and shoulders above the norm. Executive colleagues with healthy egos work well with him, but those who worry about being shown up might get nervous with somebody as strong as Jon working so closely to them. He is excellent - one of a kind, but should be in a better place than MRU.

But it is obviously, that they have lots of works to do...

Student Loans Exec · Guest

Calm Lion wrote:

Former Colleague wrote:

Worked closely with him at MRU. Incredibly quick at pulling together a coherent view of all issues that will be impacted by technology decisions and actions. Sadly, other executive management may not be able to understand where he's going as quickly as Jon - but that reflects more on them than it does on him. His intuitive leaps are head and shoulders above the norm. Executive colleagues with healthy egos work well with him, but those who worry about being shown up might get nervous with somebody as strong as Jon working so closely to them. He is excellent - one of a kind, but should be in a better place than MRU.

But it is obviously, that they have lots of works to do...

They really do have lots to do...and technology won't be the differentiator. Will any change they make now help them originate more loans more efficiently? Easy to make technology the scapegoat when the business plan doesn't hold up. From the customer's perspective - how are they different now? Why are they better? Why should I borrow from them when I can go to any other lender? They've played the role of "savior of the downtrodden" for a while now. The press got them some business. So what's their next act? As a customer, what I want to know is: what loan is quick and easy to get, and gets me the best deal - period. I don't care about all their hype, I don't care about their self-righteous advertising. I want a cheap loan, quick and easy. Aside from that, what else can these people offer me?

Look at the stock performance. Not promising. Unless they have a rabbit to pull out of their lending hat, I think My Rich Uncle is going to be My Cold Uncle over the winter.

Yeah. They have a lot to do. But I dont think technology will make a difference. If they've come this far, I think they generally have their act together as far as originating student loans. But that's clearly not enough to wow the investors. Now is the time for the next big exciting announcement. What? No exciting announcement? Oh well. I guess the sell off will continue.

If you look at the stock summary pages, it looks like a few of the top people are gone now. Don't blame them. Maybe they saw the handwriting on the wall. Crying or Very sad

Big 8 Director · Guest

Known Jonathan for 20 years. Manager in my practice. Bright enough to stand out among our top consultants. Very credible with clients, and brought in more follow-on business than some of the partners in the NJ practice. Had to remind a couple of our clients to keep hands off. Not a political player. Sometimes I thought he would move up faster if he were. But he's one of the best I have seen in 30 years

Dan
Director, Financial Services practice

Big 8 Director · Guest

Known Jonathan for 20 years. Manager in my practice. Bright enough to stand out among our top consultants. Very credible with clients, and brought in more follow-on business than some of the partners in the NJ practice. Had to remind a couple of our clients to keep hands off. Not a political player. Sometimes I thought he would move up faster if he were. But he's one of the best I have seen in 30 years

Dan
Director, Financial Services practice

Anonymous · Guest

I worked with Raza very closely, I have known him from his startup years as a successful 21 year old who started a revolution. He used to be up till 3 am working each day regardless of weekday or weekend even now he works 16 hours or more. He's the guy who leads the technology creation and marketing. He influenced a lot of technology decision and marketing decisions that led to the profitability of MRU. Anyways, a very impressive young man, I want my son to be like him. He's really a workaholic.

Kingscott · Guest

Sometimes it's very hard to be a workaholic. You don't have your own life at all, only work work and work. That's not so good, if you have a family or any other private life.
Sometimes there are such people. If they cope with their lives, so it's ok. But it's better to have your personal life as well.

SeenHimInAction · Guest

Anonymous wrote:

I worked with Raza very closely, I have known him from his startup years as a successful 21 year old who started a revolution. He used to be up till 3 am working each day regardless of weekday or weekend even now he works 16 hours or more. He's the guy who leads the technology creation and marketing. He influenced a lot of technology decision and marketing decisions that led to the profitability of MRU. Anyways, a very impressive young man, I want my son to be like him. He's really a workaholic.

Maybe he works hard and puts in the hours, but that doesn't make him smart or right. Cannot argue with some of his accomplishments to date. Yeah that's impressive. But look at what he has left on the table. Look at the loss. Look at missed projections of profit.

When personality, ego, and arrogance are in the middle of every personal interaction, everyone loses.

He is impressive at first meeting. But that wears thin fast. He seems to have a need to assert his arrogance and dismissive attitude in every conversation. He is prima donna who, from what I hear, makes rash decisions, covering his own lack of understanding with fury. A bully many say who cannot take responsibility for own mistakes but looks for scapegoat. Not a man so much as angry boy bully.

If I had a son, I would want him to have the same raw potential, but a different personality. No desire for a child so hateful or dismissive of others. That's Ken Lay. Go ahead and hitch your wagon, but know when to cut loose if do try that route.

And you also said profitable? When did uncl get profitable? Why is uncl in the toilet these days?

MV · Guest

In a world where profit is often the only measure of success, anyone who seeks to build a profitable business that promotes education and helps diligent students can't be all that bad! The business model seeks to gain an edge by providing more attractive rates to those students who demonstrate an academic track record. In lending, we call that "knowing your borrower." I can't think of a better way to manage credit risk when dealing with borrowers who's credit history, as measured by conventional standards, is non-existent. Brilliant business model!

dj dATE · Guest

yeah, I agree with you...the business model is really fantastic but what would you say about the stock price? so it's undervalued? why is it so? could you explain that to me,MV?

connecting · Guest

THIS stock has been going to the end of the ocean for almost half a year, or more...has it started to perform worse?