Post by
dealmaker0 on May 13, 2014 11:32am
very sad how an interim CEO can destroy shareholder equity
I think it will take years to recover , or a very bright CEO to turn this company around. I dream of what this company would have been had Nick been at the helm.
Comment by
undervalue on May 13, 2014 11:56am
Yeah it is terrible that the board let this occur. I think Smoothwater is screwed with this one. EQI is now a mortgage buisness without scale, crazy costs, and a broken strategy.
Comment by
dealmaker0 on May 13, 2014 4:22pm
As I have mentioned before, look what he did to Xceed drove the company from 9 a share down to 1.75, when finally sold for a song. Very sad. Xceed Shares were entitled to elect to receive Cdn$1.75 in cash or 0.118 of a common share of MCAN
Comment by
frickey46 on May 13, 2014 8:04pm
<so true="" -="" this="" guy="" along="" with="" some="" sr="" mgmt.="" people="" there="" already="" shouldn'="" take="" long="" to="" do="" the="" same="" thing="" here.br="">