Phaedra Parks says Kenya Moore had very poor business acumen and became obsessed when she was denied an opportunity to produce a fitness video. Speaking out Tuesday, Jan. 15, Parks says the entire situation, aired out on "The Real Housewives of Atlanta," was not necessary and Kenya failed to understand that she was not guaranteed a deal based on friendship.
"Unfortunately, business deals often go sour. I have never been one to cry over spilled milk, because I usually have another gallon or two in the refrigerator to pour. However Kenya, who obviously does not have any current projects and/or business ventures, became obsessed with working on our project; taking every opportunity to whine about it with anyone who would listen," Phaedra said in a detailed post-show blog Tuesday. "Her time would have been used more wisely if she would have just been forthcoming with us, or better yet, hired an attorney to negotiate the deal."
As seen on Sunday's episode of "The Real Housewives of Atlanta," Kenya became very upset when Phaedra refused to take her offer, one that would cost Phaedra $100,000, to produce a work out video. Upset because she could not secure a percentage of earnings on the back end of the deal as well, Kenya confronted Phaedra, Apollo and Kandi, whose fiance' Todd had told Phaedra that the price Kenya was quoting was far more than the actual production should cost.
Looking back at the situation, Phaedra says Kenya's "lack of rudimentary business acumen" made her and Apollo very skeptical.
"Instead of her using an attorney, which is standard for most business transactions, she (Kenya) wanted to negotiate the deal herself and became offended when our attorney questioned her about her budget and alleged distribution deal that we never agreed to nor received any paperwork for. I am assuming that she thought since we had known her for one month we would trust her with $100K without doing our due diligence.This blatant lack of rudimentary business acumen made me very skeptical as her resume and actions were not consistent with what she was telling us," said Phaedra Parks. "Everybody knows if you do million dollar deals you minimally have an attorney on retainer and no one pays anyone 50% or a 10% back end for a product that they have no intellectual property interest in or financial risk/investment in. We never asked Kenya to secure a distribution deal, she did that on her own accord, we asked her to produce (i.e. tape/record and edit) our workout DVD. However, she used my name to solicit offers."
All of that said, Kenya Moore is producing her very own workout effort with a stallion theme. She insists that it was her idea and not something she thought of doing to get back at Phaedra, but Phaedra says "imitation is the highest form of flattery" in an upcoming episode.
"The Real Housewives of Atlanta" airs Sunday nights on Bravo.