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Aimia Inc T.AIM.PR.C


Primary Symbol: T.AIM Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.D

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Post by nozzpackon Aug 12, 2022 9:57am
213 Views
Post# 34891103

Bloated Kognitive Executive of 24 !!!!!!

Bloated Kognitive Executive of 24 !!!!!!Thats right.
13 members of the management team and 9 more on the BOD for a total of 24 paid executives.

This for a business that has never been profitable, has zero growth for the last 3 years and losing over $60 m per year.

Even worse, some of these are also on the AIM management BOD so they are getting compensatiuon and in one or tow cases triple.

Kognitive is beyond broke burining through over $32 m in cash in Q1 and probably similar in Q2.

Clear Media is also losing a ton and we  should take a loss given these volatile markets and especially so those in China.
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