Post by
Arbutus22 on Jul 21, 2021 11:43am
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.