Functional Technologies Corp FEBTF

RE: RE: RE: RE: RE: RE: Come on!

[Felix666]

Seems like you are a lot closer to what's going on.

There was an attempt last year when the company wanted to work with the former president and COO to resolve the situation with ACOA, but fell through because the company decided to 'manage' this themselves with ACOA - which led them to the situation they're in now.  The company decided to 'walk' away from $$$ of funding in terms of loans, which would have kept the company afloat for a few years while earning some positive revenue. 

• As for the current situation, how much of an involvement is there from the former president/COO?  
• Did the company require his help after walking away from a potential agreement last year with him that could have benefitted everyone?  
• What has the board of directors, current management or the advisory committee done to date to save the company?  They've assured us that the management changes last year were necessary, and over the past year and half, the trend has not been positive.  Seems like a poorly worked out strategy.

If the company can be salvaged, then a new board, management team and advisory committee is needed.  They've had more than their 15 minutes of fame.  The company has rid themselves of managers that have served less time.  Time they added themselves to that list.