Post by
onewkn on May 14, 2024 8:11pm
Hold Bond and the Board Accountable
The financials are out and my projection was spot on. Continuing to show loses, capital position continuing to erode, pushing out the sales of the truck project to 2025. Bond and company have been stringing shareholders along and they are doing it again. The tank car market is flat for the next few years so losses will continue to accumulate at this rate. The truck project is so out of their league. Kelso never had the resources to do this project. They have demonstrated their incompetence and simply do not know what they are doing and keep pushing out the launch date hoping we don’t care. In case you are wondering, this project is 3 years late and the BS they keep pushing is nothing but hot air.
Bond and company are playing shareholders as fools. IT IS TIME TO HOLD THEM ACCOUNTABLE. This has gone on too long and they must be stopped before they bankrupt the company. This is the time to vote them out! They have had more than their chance to bring Kelso back to profitability and failed miserably with no end in site. And they have shown no respect for shareholders and continue to draw a collective $ million salaries. Shameful!!!
What are we waiting for – a miracle? Not going to happen. Look for your proxies in the next couple of weeks and vote withhold! I will.