MG 3 years at the helm of DatametrexFor those unaware, MG took on the reins of DM October 9th, 2019, so 3 years ago, during which time he's had to take the business from the brink of bankruptcy and through COVID-19.
A few days after taking up his role, he shared an Open Letter to Shareholders, which you can read at
https://www.google.com/url?q=https://stockhouse.com/news/press-releases/2019/10/22/datametrex-shares-open-letter-to-shareholders&sa=D&source=docs&ust=1666225672569428&usg=AOvVaw1db-JKAHy3tusA0D2ttKZT
Reading it in retrospect, provides a good sense of the focused management style MG has infused in DM, capitalizing on its technology, while developing a series of initiatives (ie. NexaSmart, SK land-and-expand, EV charging with Bitnine, eHealth, insurance etc). The following para, from the letter, captures the essence of MG's vision, at the time:
"Combined, the new toolsets and product offerings puts Nexalogy in a position to be a leader in the cyber security space, in both the public and private sectors. Nexalogy now has a very unique offering for securing individuals, events, force deployments, buildings, and geographic areas from eminent threats by keeping the pulse on social media platforms, actively searching for threats."
In short, although the share price may, currently, not meet our expectations, its not for lack of management trying. As such, I expect things will fall in place in good time, at which point we'll all become happy campers.
In the meantime, I think we can say kudos to MG and the team and hope for MG to stay at the helm another 3 years.
My two cents.
Resilience19