RE: China and Tijuana partnersSpringwind88:
Oh no! Oh no! Shock and dispair. You mean the Board is finally separating the fluff from the substance and is addressing the issues finally of moral hazard? You mean due diligence and fulfilling ones fiduciary duties is now going to be implemented at both the Board and senior management levels? You mean there will be no more fluffy, useless press releases, only substantive ones? You mean costs are going to be controlled and proposed decisions are going to be scrutinized to ensure they are in the best interests of the company and shareholders? You mean no more decisions that would not pass muster to a CA/CGA/CMA student writing a comprehensive exam? I mean, what is happening here? Is this company actually making positive strategic decisions that will turn it around and make it profitable? I mean, is that even possible with the North American leadership on the Board and in management? Does the management actually think that they should be building and maintaining relationships with prospects? Is that in the DNA of everyone including those in Marketing and Sales? Are all significant expense items going to be tendered to ensure that buddies don't get contracts at three times the price? I mean was the website tendered and subject to due diligence or did the contract go to a buddy at a grossly inflated price? Does accountability now apply? Are managers going to be accountable? Are managers going to start focussing on the net, that is gross margin and net income instead of just top line, their expense budgets and their commissions? I mean is the company now going to have a compensation system that is structured to build the company and not just the senior management at the expense of the company?
I mean are we about to start functioning like IEC???