RE:RE:RE:RE:RE:RE:RE:RE:RE:Thoughts on TGOD and Organigram?As stated in another comment, Greg wasnt fired from Tinley. He left on his own terms.
I suggest you contact IR with your concerns about the way they do business.
Also, ask them how the recertification goes and report back to this board. I'm sure they will be transparent on that front. As for the TSX upgrade, in order to adhere to standards they aret aloud to say anyhting until they are approved for legal purposes.
Please let me know how the talk with IR goes.
Cheers
Halfwave
scruffman wrote: I appretiate what your saying and there are a lot of good things to look forward to hence why I'm holding. That said, the reality is the stock is at 4 bucks. It has grossly underperformed its peers. In terms of transparancy, where is the update with regard to recertification, tsx upgrade. I think they do a poor job relaying info to their shareholders but most importantly its their myopic mentality that has kept this stock down. Theremust be a reason why Greg was fired from his previous CEO job......I hope I'm wrong...
HalfWave wrote: I respectfully disagree. There has been nothing but transparency to shareholders. I have felt very informed at what Organigram has been up to. In fact, they have stated their timeframes and intentions and have delivered in excess on them. What exactly is not transparent to us shareholders? Just because they are not announcing every baby step along the way doesn't mean they are not transparent. Yes, the share price is not where it should be. But it will get there. You don't fire good management just because the market isn't making you money 100% of the time. Look, if you have been following OGI a long time, and I know you have, you'll notice that they have been growing at a staggering rate compared to their peers. Growing the way they said they would. By expanding their facility and increasing capacity. As a result, that 16,000KG facility turned into 25,000KGs of extra yield because of the growing processes implemented by management. The fundamentals of the company have been growing despite the share price. You want international? Should be released this month. Rec branding, they set a date, May 15th.. TSX uplist? Its in the works. These things take time. Look at the last financial report; it was fantastic. OGI has top tier management with Greg at the helm. Maybe they don't pump out PR's every week. That's not their style, this company is results driven. If you don't like it, there are many other companies that function differently. Just because their style isn't yours is not a good reason to claim they're bad management. Know who had an amazing promotional team? The ones who IPO'd Emblem Corp. So amazing in fact that they over promoted their stock and lots of folks lost money and are still losing on them. Please give me a concrete example of non-transparency you speak of? Cheers. Halfwave
scruffman wrote: Seriously! Look at the historical performance of the stock and company in relation to its peers of the same vintage. Management has lacked transparency to its shareholders and the investing public. Seem to lack vision and the ability to promote the company. Myoptic thinking and attitude has plagued this company from its inception.
HalfWave wrote: I disagree. Greg Engel is the best thing Organigram has done. Hiring Guillermo Delmonte was the 2nd best thing. Who or what, in your opinion, is not considered strong on the management side and for what reasons? Curious as to why you have this impression. -Halfwave
scruffman wrote: One other point and I hate to bring it up. I have a large amount invested in this company and been following them for a long time. Ogi has a lot of things going for it, but I have to call a spade a spade here, strong management is not one of those things Ogi has going for it. We could do with a major upgrade in that area and a merger could potentially do that.
scruffman wrote: Greg doesn’t make the ultimate decision. The biggest shareholders and board of directors will make the decision.
Michael1952 wrote: I really don't think Greg has any intention on being bought out or even a merger. He seems content with the way things are going and with the chance that rec legalization might be set back well Ogi is strong with the medical side of the company and they will just keep plugging along. IMO.