Post by
Thethruthhurts on Oct 23, 2014 4:34pm
Painfully quite
I used to check here on a regular basis. I sold my stock long ago but I have been baffled as to how these guys have been running the show for the past 18 months. Little however at Armtec has been more puzzling than their lack of enthusiasm for any kind of positive announcement or major market win in the past 10 weeks since their last call. Have they burned all the emergency cash and find themselves short yet again for another qrtr. Brookfield has been amazing at appearing to stay on side with the corps of management that try and right this ship but it appears to be unrightable. Mr Anderson's leadership makes Mr Phillips look like a genius. With a market cap now under 10million how does Anderson stay in his role. Why do you have a VP of Investor relations when nothing has been said to the investors at this critical time. Clean house!!! I know for a fact that regionally other companies in this sector are doing well. Regionally the country has challenges but things are still in growth mode. If this reflects Armtec's situation they should mention it once or twice in some type of announcement. Their twitter page for the most part, has inane comments regarding projects that the company had nothing to do with and are highly unlikely to recreate locally here in Canada. The corpse is rotting and it is not recovering. Someone needs to intervene on behalf of the remaining shareholders. @Armtec @poorlyruncompanies
Comment by
Thethruthhurts on Oct 23, 2014 4:49pm
I mean Quiet -- need to stop using IPhone!
Comment by
Aminvestor1234 on Oct 23, 2014 5:56pm
I hope the next announcement is not the company's inability to pay interest on my convertible debenture.