Financial Statements? Weren't the company's financial statements due to be made public on August 1st? Where are they?
Big changes with the company recently. Several key employees are no longer including executives such as the VP of Sales & Marketing and Science VP. Take note that over the past year and a half or so the company has fired five upper management members. Last week the whole Board of Directors was gutted and replaced with new members. Good thing they got rid of the VP of S&M from the board and company. Not only was it improper corporate governance but that individual was a very toxic influence within the organization. They were self-interested, manipulative, inexperienced, unqualified, did the minimum, and was ultimately incompetent for an executive position like this. The company saw good revenue growth in 2017 and 2018 but that momentum cannot be attributed to the now departed S&M VP but rather to the efforts and activities of the former Senior VP of S&M as well as the attention and buzz that the retail product received online. Unfortunately the VP of S&M did a wonderful job at killing this momentum and now the company is in trouble. To get out of the mess the company still has a few individuals that it needs to let go but the biggest problem that should be addressed is the company's CFO. This person does not have the qualifications - education and experience - to manage the company's finances. They are also toxic and self-interested and was well as being sycophant (the company has too many of these). During these difficult times, investors need a competent CFO and not just a puppet.