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Netcents Technology Inc C.NC

Alternate Symbol(s):  NTTCF

NetCents Technology Inc. is a Canada-based company, which offers merchants, partners, and users an entire cryptocurrency ecosystem by providing full payment integration, instant settlements, and security. It provides eCommerce Payments, In-Store Payments and Instant Settlements. The eCommerce Payments, which includes shopping cart plugins, hosted payment page, API integrations or via email with invoicing. It also provides a transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency payments into their business without taking on the risk or volatility of the crypto market. It supports merchant cryptocurrency transactions in 55 countries and 33 fiat currencies.


CSE:NC - Post by User

Post by Arbutus22on Jul 21, 2021 11:43am
272 Views
Post# 33581409

New CFO

New CFO
Clearly, we are not being told what happened with resignation of CFO (Chris Cherry) and appointment of new CFO. As Cherry is no longer a director or CFO, he received his walking papers; may they're holding him responsible, or he is responsible, for financial filing fiasco?

Sounds like they are telling shareholders something by describing new CFO as having "led several M&A, equity and debt transactions, and has returned significant value to shareholders." And "Mr. Sutherland, has a deep understanding of the challenges that present themselves in a high growth corporation." Implication: Cherry wasn't the right guy for the job.

"Management is looking forward to updating the shareholders in the near term regarding the corporate milestones we expect to finalize in the coming weeks." Well, let's hope they re-establish credibility with updates and new CFO.
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