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3 Sixty Risk Solutions Ltd SAYFF

3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge and experience in diverse environments and sectors across Canada and Internationally including cannabis, critical infrastructure, non-core policing, oil and gas, and mining.


GREY:SAYFF - Post by User

Comment by Afrienson May 01, 2020 1:16pm
217 Views
Post# 30976787

RE:RE:3 Sixty

RE:RE:3 Sixty

This is a company in which the executive management has come and gone three times by last count, with the CEO's buddy (with zero management experience) and the buddy's girlfriend (your new CFO), being the last three remaining.  Not a single one of them having any relevant or tangle business experience. Zero. None.

Vern White couldn't get far enough away from this company and the CEO   The entire Board has now resigned from the company's, its first year of business!

$27 million was invested in this company and the CEO has spent it, while at the same time diluting shareholder value to nothing, signing terrible deals with clients, mismanaging the company to the point of bankruptcy and signing unbelievably bad acquisitions well above market value of those businesses and further, completely closing one of them and showing his inexperience to manage the other. 

David Hyde's TSSC in any form, no longer exists within the company - all consulting is sub-contracted.  Returning zero ROI for shareholders -- aside from further diluting share price.  David seems to be doing good with his new business though.  

Inka loses a million dollars cash it's the first quarter that the CEO takes over the business.  This was a company that was losing at least $1M a year at acquisition.  If you look at the numbers, it's going to be closer to $3M loss, just on that business.   This was a business bought for $4,5M cash and he is giving another 700k to as a result of their great company.  Yeah.

Keep giving him your money!   If he is the principal shareholder, I wonder what will be the success of this committee?   Are they reporting back to him?

 

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