Karnalyte Resources Inc T.KRN

No more BoD photos

[AriW16o]

I remember during Mr. Phinney's era they put pictures / photos but now we could not see BoD / Management faces anymore LOL

https://karnalyte.com/board-of-directors/

Are they too ashame of themselves? LOL again

[mdjbrown]

Ari, statements in the last MD&A indicate that changes are coming. It will be very interesting to see if any of the previously named CSG nominees are included on the proxy that should be out by the 8th of June.  OUTLOOK FOR 2021 “During the second quarter of 2021, the Company plans to complete the strategic review that was initiated in 2020 and solidify a strategic direction for the

[patospower]

I can't believe we're paying consultants to tell us a 3 member board is too small. I am hopeful this is not the only thing to come out of this strategic review. I am highly skeptical of this review's value though, MNP is in my estimation by far the least competent of all large Canadian accounting firms. What's more, they are accountants in the first place, business strategy is not

[TradeTracer]

Maybe reading into this too much but if the partners come to fruition maybe there's a board seat per partner per project upcoming? 1 for the Nitrogen plant, and a solid partner for the potash side? One can only guess at the moment

[mdjbrown]

TT, is it possible the additional director seats are related to corporate pressure from the Originating Application brought on by 2 former directors? “In the first quarter of 2021, the Company received an originating application filed by Messrs. Peter Matson and Gregory George Szabo against the Company. The applicants are seeking a declaration that the Company oppressed its shareholders; the

[ErnestC1936]

"Commerce is a game of skill, which every man can not play, which few men can play well." RALPH WALDO EMERSON I agree! Way too many accountants involved. The press release says Danielle and crew are "Observing, analyzing and watching the market".  We all do