Cortex Business Solutions Inc. CTPNF

RE:Barker keeps cutting

[mjc62]

Yup, good move! This is part of the clean-up that new ceo was promising. Stock was being dumped cause company was known for money wasting- not anymore! As Fabrice Taylor said recently: "I met with the new CEO, Jim Barker, last Monday in Calgary and I was very impressed. He’s cleaning house, cutting fat and focusing on growing revenues and generating cash. He feels that 40% year-over-year growth, which CBX managed last year, is not enough for a company this size. And he walked me through the game plan which includes some pretty simple fixes like listening to customers instead of telling them what they need, which he believes was a major problem at CBX. Recall that Cortex saved Husky Energy almost $30 million a year after it started to use the Cortex network for invoicing, which by my math adds $300 million to Husky’s market value. Clearly Cortex has a tremendous value proposition for its customers. It has a powerful offering. Eventually this will be unlocked and the stock price will reflect it." This stock should do very well going forward!