RE: Crystal Ball Outlook Mandel's just another CEO in a long list of Mitec CEO's that have failed to turn the company around. How many different strategies have they gone through over the years, none of which have worked. I get the fact that the economy took a huge hit and the competition is fierce, but CEO's need to have the forsight to see where the trend is going....Mitec always seems to be way behind. By the time they implement their strategies, it's already too late.
As you said...why the sp has gone down the tubes, Mandel's been making $200K and selling off almost half his holdings......
it's because of all the CEO's inability to make something of this company that we're now on the NEX and facing a huge share consolidation.
Moving the office to Toronto.....maybe it will be run out of Mandel's house...that should save us a few bucks