RE:RE:Disappointing Unlikely may pyrogenesis shareholders are relaxed these days.
The AMF is seeking to have the CEO of the company banned from being a director or senior officer of any publicly traded company for 5 years.
Same for another board member.
There were only 4 on the board when the transgressions occurred.
There may as well have been one.
There still is just one.
The CEO.
The stock traded at a low it hasn't seen in over 3 years today.
I put it's working capital at about negative $2.8 million today.
The company owes more in the next 12 months than it has available today.
The CEOs family trust had literally been selling up to 50k of shares virtually every day for many months.
Long stretches of selling every day for weeks.
The company has negative working capital and its recent quarterly revenues in the last 4 quarters are down about 30%.
But the CEO has far more supporters here on Stockhouse than he does people pwho think the stock is a joke.
It just goes to show that the vast majority of people would do anything to avoid admitting they made a mistake.
Right to the end.