RE:RE:RE:RE:RE:RE:RE:RE:From the CEO site - FYII am an admitted non-shareholder, but I have been watching this company since before the meteoric rise of its stock in 2021 (which was driven by market conditions, not the company itself) when I was alerted to it on another social media site.
Too often, I see management pay themselves and then proceed to live large as though they have succeeded long before the company over which they govern has shown any sign of real business success.
The circumstances under which the CEO is being investigated for conflict of interest warrant completely valid concern. Many shareholders - most who have substantial losses - all too willing to defend or dismiss the reality that a large number of Canadian microcaps are seen as quick vehicles to wealth (Or, in many cases, scams) be damned actual success or value provided.
What does it say when a CEO lives large on the backs of shareholders and employees? It shows they do not view the companies success as imperative to their personal success, and possibly, it could also show that they do this because they believe or even know the company will not succeed.
The discovery, alone, that he lived in literally the most expensive mansion in his area of residence is enough for me to stay watching and not investing.