CANOPY DUMPING & AUCTION, & CEO BONUS??? WOW. JUST WOW.Leave it to the Clowns to try and spin this auction as a positive..."I would be upset if they held on to stuff they didn't need." SERIOUSLY????
Clowns, let's call this what it is.
1) Canopy BOUGHT, at FULL PRICE, allllll kinds of things to anticipate their GROWTH.
So what message does the auction send.
2) Canopy TOTALLY overestimated their capacity for growth.
3) Canopy TOTALLY doesn't see any future growth either, otherwise they would keep all these purchases.
This is a company imploding, and nothing less imho. And now they've resorted to garage sales, selling at pennies on the dollar??? What frigging supposedly global industry leader has a frigging garage sale???!! Scroll down and see the fruits of their massive outsided ego on sale.
CLICK HERE I'm seriously laughing out loud at this company. I've just never seen ANYTHING like this, and it is truly embarrassing.
But wait, it gets worse. Let's give the ultimate Clown Klein, who has imho driven this company into the ground with a complete lack of prudent guidance a massive bonus??
CLICK HERE An incentive bonus?? How about this bonus Klein. How about PERFORM AS YOU WERE HIRED TO DO, and if you do, we won't kick your azz to the curb. Is that incentive enough you IDIOT??!! But no. They offer to pay him millions more of money they don't have.
Talk about a TOTAL slap in the face to shareholders. Unfrikken believable. Imho bad management on top of bad management, and on it goes.
Sorry, gotta run here now. Gotta go scout the neighbourhood for the latest Canopy