OTCPK:NCNNF - Post by User
Post by
flamingogoldon Mar 29, 2021 10:42am
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Post# 32897960
Infighting
InfightingTwo execs leaving in what is a small management team. Anyone who has ever been on an executive team can read between the lines here... some head butting on the decision to cease outdoor growing.
First it was the unique CEO team of women, then it was the license to grow outdoor, now it's back to the basics again... branding.
So, they save 5 mil + the 5 mil they raised gives them 10 mil extra to start which is a good hunk of cash towards profitability. My concern is achieving profitability by cost cutting measures is a short term solution. They need to grow the top line.
The dream of outdoor is dead. At this point, let's patch the holes, get this ship out of dock to profitability and I am out of this one with tail between legs.