AGM - Total Waste of TimeHello Verde shareholders,
If you just spent the last hour watching the Verde AGM, are you as disappointed as I am? If I knew in advance that Mr. Veloso was going to present the same slide deck as he did at the Corporate Update, I would have skipped the meeting today.
The promised Q&A session turned out to be a "Read half the Question and give no Answers", with a follow-on reminder that if as an investor you have "detailed" questions, especially as to what he might be doing about any of the 27 risk factors diligently detailed and listed in the 2020 financial statements, our CEO's message - don't invest in my Company. Our CEO appears to not understand that identifying risks is only the first step he and the Board are meant to undertake. Having identified and quantified risks faced by the Company, he is required to develop a plan to eliminate, reduce or mitigate each one. Instead he disparages his shareholders and tells them to go fine less risky investments somewhere else.
If you were not able to watch in real time, please have a look at the recording on the Youtube channel. Then tell me if I have good reason to question his mental state - either he has not slept in 48 hours or is apparently on some strong medication, or is showing the effects of having enjoyed some other mood altering substances.
So sad.