RE:RE:RE:RE:RE:RE:RE:Consulting fees for Ted in 2023 $407,000 I don't have an issue with paying off the debt. The extra dilution is manageable I feel. And the dilution went mostly to the BOD who won't be selling anytime soon hopefully.
The issue is Ted,his management style and this board. I've had enough. Are there things going on behind the scenes? Most likely. Is he working on getting to market? Most likely. The core issue I have is the lack of execution and total blatant disregard for investors. The raise happened and we got the finger!!! The end doesn't justify the means. But Ted seems to think it does. Or it will. But obviously this BOD really doesn't give two sh*ts about investors. we are essentially being run as a private company now. So be it.
It's obvious to me that the PP was done solely for the directors. The sp was driven down to where these guys took full advantage. Collusion? Maybe. Hopefully not for their sake. That investor call in November was all smoke and mirrors. And Paul was part of it too. shame on you Burgis. These guys have done nothing for almost 6 months. No updates other that the form 7's and the MD&A. I've had enough quite frankly and after reading the MD&A I came to the conclusion Ted doesn't know what he is doing. Still can't say if Ellison does anything. How embarrassing to be either one of those guys. They are in Canada doing what exactly? OH COLLECTING OPTIONS. Disgraceful.
There are a lot of positives for sure. But I fear our consultant/CEO who is making over $400,000 a year, won't be able to get us to where we need to go. I wish he'd retire and let Shreyas take over.
WE NEED A CHANGE!!!!!