hmmmm, I'm starting to wonder if it would be more profitable for Alex, or whomever he sold his business to, to sell his goods to group buys from reef clubs rather than to LFS's. Seems like he could sell all the fish he could catch with group buys alone. I could be mistaken though since I don't know his business at all. It would be interesting to find out that info.
I don't want to bash other LFS's that didn't butt in on this deal though so I'm sorry if it sounds like that
Personally, I like to support my LFS's when possible. I refuse to support a LFS that resorts to the above mentioned tactics though. I've said this before in a thread, but there is no way that I'm going to pay 5x the wholesale cost of a fish when there is still no guarantee on the fish. So esentially what I'm paying for is a hotel for the fish which in some cases, would be a one night stay. That's one expensive fish hotel.
JMHO