RE:burnin' down the houseOk, I see the bigger picture more better.
The Kink of BlackBerry has a Fired or Acquired Employment Contract that pays him out full value, remainder $69M... fired or acquired, the chef exit office r is thirsty!
As executive seat of the BoD c hen has stacked his board with people he expects to be at his beck and call when he needs it most, loyal, plying their fealty to their king, the Kink of BlackBerry.
Not only does he have an Employment Contract, near iron clad, but he has his pawns in play on the BoD and Upper Management ... now look at those people. What have they achieved?
They continue to take monies and shares from the company as their schmuck Hires and Fires Sales Presidents like a Trump wannabe spending itself into a corner with shareholders looking like the ones left unpaid.
John 'shambles' Chen
November 13th is the safest plan for the company, at this late date, certainly prudent... but look for the c e o to attempt a massive change or push time aside for his benefit. After all, he has spent the treasury on his ideas... with out the Catapult monies, without Cylance success, with the $1.4B acquisiton and $600M necessary for functionality upgrades BlackBerry under sea hen is at sea level, treading, waiting...
Agreed, the next half year is certainly full of peril for shareholder value if con cehn decides to putin the wrong buttons, boom. Engineering acumen under Silver Lake direction... his arrogance left him thinking he was dog, didn't need sales people to represent his masterpiece in the digital age to humans.
Sadly, the arrogance is past level 10.