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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

Comment by mrmoribundon Mar 03, 2021 2:18pm
61 Views
Post# 32706639

RE:RE:Departure of the CFO

RE:RE:Departure of the CFOWith the stock currently down to $2.20 some people clearly ARE selling on the news of the CFO departure.

It may be that he really was effectively fired. But even if that were the case I see little reason to view the matter negatively. There's no indication that the year-end audit was delayed or that it involved above-normal audit costs. Meanwhile, one of the signs of a good board is that it's able to make changes at the top when necessary.

Maybe there's some huge conspiracy here between the board, management, and the auditor to cover up key details. But I doubt it.


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