RE:CANOPY DUMPING & AUCTION, & CEO BONUS??? WOW. JUST WOW.Again you pick and choose what part you want to quote.
Its old news your trying hard to put a neg spin on lol
They close locations down a year ago of course there is going to be stuff that they either have to pay to store or if they have no use for sell off lol.
SERIOUSLY?
this is very common in business its like when you mom gets mad at you for your messy rom in her basement and cleans it up all the toys you dont play with any more go to the yard sale lol
Now what exactly was Klien hired to do? Right size the business? Expand in to the US market? Fix mistakes made by past people no longer with the company?
Looks like he is doing everything he was hired to do.
Now since we all know you are just a pay per post troll and have no actual business experiance I asume your responce will be something like call me a name grade 8 style make a claim about how rich you are, remind everyone about $44 ( which you were wrong on) call your self a profesional trader who spends 24/7 on this site bashing a single stock.....
Think you need to take a deep look at your life lol
Starsearcher80 wrote: 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