GREY:WFEMF - Post by User
Comment by
StockExpertProon Apr 16, 2013 6:07pm
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Post# 21260776
RE: RE: Management Should Sell the Assets
RE: RE: Management Should Sell the Assets I agree! This company is mismanged and needs a serious shake up. Apparently replacing the CEO Brian Wesson had little effect on this company. This is completely asinine to allow the market cap on the stock to drop from over $108 million dollars to $58 million dollars without updating the shareholders and using a little common sense to stabilize the share price. The inflated share structure combined with incompetent management is not a good combination. This company could write a book on how NOT to manage a publicly traded company. I'm still trying to figure out how the company was placed on the TSX venture exchange top 50. This company must be in some serious trouble. The most despicable part about all of this is how the company misled all of the shareholders for many months. At this point I'm not sure how the company can recover from this even if they do release some major news in the near future. All of the long term shareholders that they misled will be lucky to break even on their investment in this company.