TSXV:RLV.H - Post by User
Comment by
AlwaysSkepticalon Jul 01, 2021 3:53pm
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Post# 33479895
RE:RE:Town Hall / Conference Hall
RE:RE:Town Hall / Conference Hall The Board of Directors and Investors have allowed this to decline beyond the point of repair:
- Diluted into oblivion: 300+ million shares, of which 100 million were granted at 2 cents and 65 million warrants at 3-5 cents. This ensures no upside on the share price.
- Broken business: E-Commerce loses $500k/quarter, and will continue to decline due to lack of vision and expertise.
- No assets to sell: What would an acquirer even want to salvage? See the Bioganix point above...
- Zero prospects: No PPE contracts in nearly a year. Bioganix is down 75%. Hand sanitizer was too hard and is being shut down. Cannabis was never even attempted.
Everything else is smoke and mirrors...IM Health thing won't yield anything for five years if they haven't even started Phase I (per call yesterday).
Aurelio and Board members Andre Godin and Michel Timperio have allowed this calamity to continue for four years. There is nothing left to save, change leadership all you want...
FastPie wrote: With new shares there will be new leadership....wait & you will see.