TSXV:TRL.H - Post by User
Comment by
Contrarian333on Jul 03, 2018 9:03am
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Post# 28261215
RE:FINANCIAL STABILITY NOW A SERIOUS QUESTION?
RE:FINANCIAL STABILITY NOW A SERIOUS QUESTION?A developing company with currently negative cash flow.........hmmmmm.....you mean like Amazon was and like Tesla is now and like countless other biopharma companies are...........great revelation. Thanks for posting the obvious.
Concerning the Board and Management you said, "They continue to collect their high salaries at the peril of the common shareholder. If they do have faith in the success of this venture they should demonstrate it by taking major cuts in salary until such time as the revenues exceed their expenditures."
How about the fact that they have been significant buyers of the stock with their own money, that the Chairman owns 48% of the Company (pre deal) (at a cost base significantly higher than the current share price - btw)?