RE:RE:RE:RE:Calling on Sane aphria investors Sky, I seldom respond to posts on this board other than with the occasional "thumbs up" but I will say your post attacks the heart of the matter in a very subtle way. A refreshing read indeed! I personally have entered my 5th year as an investor in Aphria, and for all us us 'long termers' I can say "we grow weary". Remember highs of $24 and $22? Yes, it seems like a long time ago doesn't it. It is time the 'homeless man' got something done.
By the way, I also read your later post and ........ I am impressed.
skyplt wrote: CalmDown: I am not even remotely defending Irwin Simon. The last 3Qs have been a frustrating pump and dump of miserably repeatable proportion. However, compared to ACB (a dump and dump) and WEED (sitting at less than a third of where it was and unable to figure out how to put a beverage in a can) we are sort of holding our own. But holding our own is not what any shareholder wants. Who wants to hover around 6CDN for two years now? Simon, like every other CEO in this sector, is far overcompensated for what they delivered. Would I replace with Carl Merton? No. I like Mr. Merton and have spoken directly with him on several occasions. He is a really good CFO, but truly iconic CEOs are few and far between. Elon Musk comes to mind, a bulldog terrier when it comes to the companies he founded (key word being 'founded'). Musk has billions of his own money in the game and is not afraid to put it all on the line. Irwin Simon neither founded Aphria or, has bought any shares. Steve Jobs was similar to Musk in terms of fiercely believing in the mission and product, but if you have done any reading, a real jerk behind closed doors. He would not even acknowledge the existence of his own daughter even after a DNA test proved it. Going back there was Lee Iacocca...he turned Chrysler around with the mini-van. Iacocca came from the Shelby Mustang era at Ford. Then there was the CEO of GE. Even Galen Weston of Loblaws has a pretty decent screen presence. I hate to admit it, but Bruce Linton had the charisma required to make Canopy number one; his Alfred Neuman "who me" smile embodied the sector. Irwin Simon has come across like a buffoon (Bullwinkle the moose); from his "now listen" to "Leamingham" remarks is cringeworthy. He has a spotted background with HAIN. But I am told (on good authority) that he is a hard working believer in Aphria. I don't really know. But as someone else said here, as disappointed as I am from a charismatic leader perspective, there is no denying he and Carl have navigated treacherous waters. This whole sector has been a clown show. I think Aphria can and should be able to do better for 18M. But until the Board decides (oh wait, he is the Chairman of that group) there is little we can do but hope he actually has been putting together some CPG/branding rabbits and will start pulling them out of the hat once things settle out in the USA. So again, a C- for now, but I cannot think of any A-Team CEO who would venture into this sector.
CaneIsAbel wrote: Aphria is a great company. To sum up my existence on this board in one statement. Our stock is in the gutter because people dislike Irwin Simons leadership. Bottom line: he failed to deliver being at the helm of such a great company. He delivered on his compensation though, he gets an A plus there.