OTCPK:TMBMF - Post by User
Post by
Lumberfeverlongon Aug 22, 2015 11:10am
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Post# 24042722
Game Over For Lopez
Game Over For Lopez
Tembec will not recover from the recent freefall. Although well overdue, these are Lopez's last days as CEO of of this mess of a company. Unless, there is a big turn around accross its product lines or they complete an equity or debt offering, they do not have enough cash to get through the next few months. The Board should have shaked up the executive team years ago, but drank from the bullshit Lopez coolaid and have almost wiped out shareholder value. Even the institutional shareholders who put board members in their priviliged position have walked away form this company, but Lopez remains. Go figure!!!