TSXV:CVM.H - Post by User
Comment by
Growth100Percnton Sep 27, 2019 11:14am
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Post# 30170747
RE:RE:Merger
RE:RE:MergerThe reasons for the CFO leaving have never been made public. Maybe he did mess things up and was forced to resign. It was the late financials that started this mess we are in. And the long delay to fix it. The CFO should have been on top of the paperwork in advance of the deadline.
That is his job isn't it? I don't hire an accountant thinking I have to ask them if they are doing their job properly. I expect them to do it, thats why I pay for their service. He new when the paperwork was due and should have had it ready in advance.
I'm still confused why he used the term "merged". There must have been talks of a merger at some point.
Or maybe they were in talks of a merger after the halt??
Many efforts were made on both sides to try and come to terms which would leave both entities feeling positive about the partnership, but in the allotted timeframe both parties were unable to achieve this goal.
Is see this statement as confusing. What alloted time frame is he referring to? If both parties weren't feeling positive how could an agreement been agreed upon?
I think this was after the halt and not the restructuring that happened last year. Thats why the board members left. If they weren't happy about it why didn't they leave last year?
Maybe I'm wrong?