I am not speculating, simply pointing out what you have admitted yourself and citing the dangers drug abuse can inflict on a business so your investors can consider their decisions with all the information on the table.
The economic and human costs of drug and alcohol use are astounding. In fact, the National Institutes of Health recently reported that alcohol and drug abuse cost the economy $246 billion in 1992, the most recent year for which economic data are available.6 In addition, numerous studies, reports and surveys suggest that substance abuse is having a profoundly negative affect on the workplace in terms of decreased productivity and increased accidents, absenteeism, turnover, and medical costs. Following are notable statistics that highlight the impact of substance abuse on the workplace:
In 1990, problems resulting from the use of alcohol and other drugs cost American businesses an estimated $81.6 billion in lost productivity due to premature death (37 billion) and illness (44 billion); 86% of these combined costs were attributed to drinking.7
Full-time workers age 18-49 who reported current illicit drug use were more likely than those reporting no current illicit drug use to state that they had worked for three or more employers in the past year (32.1% versus 17.9%), taken an unexcused absence from work in the past month (12.1% versus 6.1%), voluntarily left an employer in the past year (25.8 % versus 13.6%), and been fired by an employer in the past year (4.6% versus 1.4%). Similar results were reported for employees who were heavy alcohol users.8
According to results of a NIDA-sponsored survey, drug-using employees are 2.2 times more likely to request early dismissal or time off, 2.5 times more likely to have absences of eight days or more, three times more likely to be late for work, 3.6 times more likely to be involved in a workplace accident, and five times more likely to file a workers’ compensation claim.9
Results from a U.S. Postal Service study indicate that employees who tested positive on their pre-employment drug test were 77 percent more likely to be discharged within the first three years of employment, and were absent from work 66 percent more often than those who tested negative.10
A survey of callers to the national cocaine helpline revealed that 75 percent reported using drugs on the job, 64 percent admitted that drugs adversely affected their job performance, 44 percent sold drugs to other employees, and 18 percent had stolen from co-workers to support their drug habit.11
Alcoholism causes 500 million lost workdays each year.12
http://www.dol.gov/elaws/asp/drugfree/benefits.htmYour investors deserve to know that they are trusting their money to someone who reports driving under the influence greater than 80% of the time and engaging in
illegal street racing which led to near contact with a law enforcement officer. This paints a clear picture of a reckless individual with a questionable ethical code.
