Dogs Days of BB melding with Summer Once AgainWith the c e o parading his interest for a renewal of his Fired or Aquired Employment Contract, the contract that sealed his @ss to the throne with or without performance, during the last earnings call / AGM cycle you have to assume the BoD are willing to sacrifice shareholders value rather than come out and state their love for the current state of the company under jaune chien or that his successor will be named at the September earnings call and introduced on or just prior to Gone When's departure.
Remember, the c e o hasn't paid for one BB share, yet currently holds almost 10M, 3 of which were gifted during the Reddit Raid.
Remember, the c e o over paid for Silence... cost to shareholders exceeds $3B, YES, THREE BILLION DOLLARS. Today BB is valued at
Number $2.803B is fact, jaune chien has demonstrated a lack of leadership after hiring and firing the people that were responsible for revenue generation.
He has shown time after time examples of his inability to make events happen as guided... Facebook hidden settlement and failed $600M Patent Sale that melted into a damp $170M puddle.
5 1/2 years of tobogganing, 22 Q's spiraling revenues with out a profit horizon.
jaune chien has simply failed to achieve, heck he couldn't even complete a Share Buy Back Program but certainly is standing in line for his share of the +71M shares minted since his arrival... that is correct BB has 512M share float in 2013, today that number is
Listed Shares Out 583,496,389 The reason for the current share price depression and outlook is simply the failure of the c e o to meet his guidance, inability to keep people in positions of importance and in general lack of integrity of business plan... some suggest it is his lack of integrity while he pretends to reign supreme in the once mighty kingdom of BlackBerry.
c e o should have resigned long ago, he now attempts to stay so he can somehow do what he hasn't achieved in a few months shy of a decade.
sad days for bb investors
LESS THAN 117 DAYS TO END OF THE kink of brakbrerry cuntrac