AcceptedPrez 10
After our own due dilligence on this company, we strongly concur with your logistics. The time for change is immediate. We speak from experience and offer our cummulative support in regards to your requests.
I strongly concur with the suggestion of a special AGM being called immediately. Should the now President of this company feel/believe that "the ship is flying right and is ON-TRACK", he would have no hesitations as to this action.
Not only shareholders, although we are extremely important to most public companies....we must now consider the impact of the last fiasco resulting in near bankruptcy. Supplier/consumer confidence is what carries business. The question that I present is a simple one.... Does IBR have this? If the answer that is concluded is no, make the President accountable immediately.
My company survived the trials of change, I would expect this one to as well.
PS-Please let us know where that 6 figures actually went to.
Shareholders money, be accountable to same.
Consumer confidence, has to be there or close the doors.
Supplier confidence, lack there of will kill any companies cash flow.
Paint a thousand pictures.....)
Special AGM????? You bet.
Clean House????? You bet.
Restructure????? You bet.
Re-build confidence???? You bet
Sincerly
OnTheIce
PSS-Have a nice day.