OTCPK:IVWFF - Post by User
Post by
SergeGodinon Sep 23, 2013 1:36pm
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Post# 21760294
CFO Deserting the Sinking Ship?
CFO Deserting the Sinking Ship?Anyone else besides me see it as a problem that the CFO is bailing on Ivnernia?
Sure, people come an go in C-level positions, the its the timing that makes it so bizarre and worrying. Isn't this the quarter they were supposed to "turn it around", go "cash positive" and all the other grandiose claims the outgoing CFO wanted us to believe?
What does he know that the rest of us don't?
Did he have a falling out with management based on principles? What were they trying to force him to do that would make him quit?
Company's explanation does tell anything, nor explain why he bailed right now.
He probably saw the writing on the wall.... I'm going to do the same as the CFO and bail on this stock. It's a dog, and will always be a dog. Absolutely nobody cares about it, and one more slightly negative turn in the road will cause this puppy to go "poof" into thin air.
Been nice knowing you, Ivernia.
- Serge