RE:RE:RE:RE:RE:what will happen next days.....Closing at 0.05 ¢
McMster clown emptied the bank account with his gross 1M$+ retirement payout. They are now net cash negative if it wasn't for their loan with National bank.
Revenue for Q4 will probaly be -75%, and any new product they were apparently suppose to launch will most likely be postponed. They have very dark days ahead, they have fired most of their staff, along with all the technical knowledge they needed...getting them back on board will be very difficult IMHO.
My call is that they will never recuperate from this, McMaster had already brought the cie to it's knees with his incompetence before Covid happened, helped by the useless president of the board Halde who is sitting on the sideline collecting his fee. Fire sale will happen sooner rather than later, no one will want to buy this chronic money losing business managed by incompetents at any premium price.
Good luck to those who are still around and still believe.