TSXV:OEE.H - Post by User
Comment by
TriumphSpitSixon Jan 15, 2021 12:54am
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Post# 32303941
RE:covid
RE:covidTo be fair to the company, prophesying that they would "use covid as an excuse" really isn't an astounding feat. Almost all companies have made reference to the pandemic in their financials over the past year.
Looks to me like they tigtened the belt and still have a good cash position, reduced expenses, improved comprehensive loss, etc. They seem to have hunkered down and made it through what is hopefully the worst of it with only a 30% drop in revenue, not terrible but I do wish they would start issuing a few more NRs, even if they're fluff. Just keep us better informed in general.
kalman007 wrote: exactly as i said they would do...use covid as an excuse. pathetic. their lack of strategy and revenue started long before covid. in fact if it wasn't for covid and CERB, this company would have been gone.long ago. but...they seem to be surviving one way or another so who knows what the future will bring.
i'm not big on their current executive. they've had more than enough time to make something of this. imo, that's where the real issue is.