RE:Calling on the resignation of NavdeepLOL - could only laugh at this post now which I posted on Feb 26, 2019. Also couldn't help but
highlight my choice for CEO below.
These guys should have had me a chairman on their board and make all the difficult but RIGHT decisions.
I was b1tching about $1.84 and who knew this would be worth less than 1/3rd in less than 12 months later.
theTransporter wrote: We can't let somebody
learn to be a CEO of what should already be a multibillion dollar company at the expense of shareholder value.
Since taking control of the company Navdeep has yet to stimulate the stock price and increase value to shareholders. Simply he doens't know how as he has no experience in running a publicly traded company.
We've seen this stock plummet a few weeks ago from over $2 to $1.84 from that afterhours MOC order which has since destroyed the stock price and along with it, investor sentiment. There has been zero response from the company regarding that transaction and to at least attempt restore some of the momentum this stock price expereinced up until that point.
See his resume below. Other than various positions in Supreme, he was just a Senior Associate at two other companies and a VP of Business Development for what seems to be a no longer operating Solar Company.
The CEO is accountable to the shareholders and primary goal is to maximize return on investment. This CEO hasn't demonstrated any ability to do so. He is NOT assertive thus appears to be unable to make deals like other LPs are able to make. He doesn't present will when being interviewed on camera thus doesn't appeal to attracting new investors. We need a Bruce Linton type of CEO. Someone very experienced, confident, assertive and just executes. What we have now is a rookie who may one day become a good leader, but shouldn't learn to do that while running Supreme. Learn on a sub $100M company but not on a company that today should be valued in the billions of dollars.
I'll accept the former President of Starbucks Canada who currently sits on the board for the CEO role. Now I'd love for him to prove us wrong and get some sort of blockbuster news tomorrow and shoot this stock into new all time highs, but I also would love to see the Leafs to wing the Stanley Cup as well.
- Chief Executive OfficerSupreme Cannabis Co Inc/The, 9/2018-PRESENT
- Board MemberSupreme Cannabis Co Inc/The, 12/2017-PRESENT
- Board MemberBlissco Cannabis Corp, 2/2018-9/2018
- PresidentSupreme Pharmaceuticals Inc, 10/2017-12/2017
- Board MemberSupreme Pharmaceuticals Inc, 11/2015-12/2017
- Chief Financial OfficerSupreme Pharmaceuticals Inc, 4/2016-10/2017
- Senior AssociateTrivandrum Capital, 1/2008-1/2010
- KPMG, 1/2005-1/2008
- VP:Bus Dev/Head:OperationsP2 Solar Inc, 3/2011-UNKNOWN