OTCPK:JENGQ - Post by User
Post by
rusty777on Jul 23, 2019 9:42am
254 Views
Post# 29950324
REALLY???
REALLY??? In what universe does it take you a year to realize you have lost up to $50,000,000 in non payments??
"
approximately CAD $45 to $50 million as of June 30, 2019. “The enrolment and non-payment issues have been remediated and management is confident in the business and operational controls currently in place. These issues will not have a continuing effect on future cash flows,” said Rebecca MacDonald, Just Energy’s Executive Chair. Ms. MacDonald continued, “The Strategic Review is ongoing.”
Something doesn't ring true here. No wonder the stock price is down almost 10% already today. I wonder if anyone in management is going to be held accountable.
Sad, everytime I think I have found an honest, transparent and competent company with a management team that is on top of it's game.......... I get proven wrong.
GLTA
Rusty