Post by
vstar67 on Aug 07, 2024 7:14pm
BlackBerry waited to long to instigate change!
BlackBerry waited a few years to long to instigate the change they are presently attempting to implement. Chen's egregious salary prevented the board from firing him and he was allowed to burn through all the cash and assets. Now we have no cash, no assets and a few patents. No execs want to onboard as evidenced by the extended CEO and cfo searchs that resulted in internal promotion of unqualified personal. Soon we will run out of time. BlackBerry has a couple of months tops before the NYSE demands BB increase the share price. Reason the bell at the NYSE was run early, so as to not interfere with the delisting demand coming sometime October. Chen ran BlackBerry into the ground while shareholders praised him as the next Messiah. The last 15 years only the shorts and Chen made money. Rest of us are left with nothing.