Unanswered questions.Jan 2021 Merit announced production of the dual purpose pea and canola protein. The result we saw today 24 months later was complete failure
During this time we now know there clearly were big problems at play and all the board and management gave shareholders at the quarterly meeting was the usual ra ra everything was positive. Were BU Management fully informed did they know the problems and where they might lead.
Its one thing to govern over a spectacular failure its quite another not to be fully informed in real time as shareholders of relevant information that would allow us to make our own decisions on continued ownership or not. Why were shareholders not infomed of the real problems in the facility until the fateful day on Feb 08 2023 when we were told it was game over and our equity posiion in the facility was gone...poof just like that...
ANYONE ELSE HAVE CONCERNS OR COMMENTS?