OTCPK:ARNBF - Post by User
Comment by
mathwhizon Apr 15, 2013 1:08pm
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Post# 21255452
RE: RE: year end looks good
RE: RE: year end looks good In answer to your question on the Stimsol purchase, Kevin Gunning was given credit at some point for bringing this 'incredible purchase' to Arcan and at the time, it was touted as being a 'perfect' fit for the company. At the time of purchase, Graeme Ryder was appointed CFO, not sure if that still stands, they have whittled down the management team and employees over the last 18 months. Several people on the Arcan management team were given lucrative 'Stimsol shares', I believe they were revoked at some point last year though. I would ask Graeme for additional info, good chance he is still CFO of that sunk ship as well.
After several years of this joke, they've gotten really good at lipsticking that pig...