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Artaflex Inc V.ATF



TSXV:ATF - Post by User

Comment by jackbnimbleon Oct 29, 2009 3:22pm
259 Views
Post# 16436275

RE: I've had it................

RE: I've had it................

Strange that the Board cannot put out the press releases referred to in the q2 release. Maybe the $500 cost is just too great.

But if that is the case, why was there a Board meeting in Germany this past summer? What was the expense of that? Did the wives go along as well? Did we as shareholders pay for any of the wives to fly over? Would those costs not be more than the $500 cost of a press release?

Why do we not have a CEO who commutes to and from work at his own expense? Why does the Board pay to have the CEO continue to live 4000km away? And why has the ATQ Board approved this practice for the past 8 years? Why is the CEO staying at the Prince and not a more modest local hotel. Since the Board has approved this, why such a plush hotel...or is it because they like to stay there too when they are in Toronto? Would not the per diem saving of more modest travel arrangements more than pay for each press release??? And I am sure there are other cost savings that could be considered as well including perhaps loyalty points and other touchy issues.

Strikes me as a classic Bay Street blood sucker strategy. Time to bring in the forensic auditors before all the life has been sucked out of this company.

Other well managed ems companies are doing just fine and have no problems raising money. What is the problem with ATQ?

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