BSM Technologies Inc BSMZF

New CEO

[Kdawg51]

Now that Louis De Jong has stepped in as CEO and Aly Rahemtulla resigned, do you think this will put the company back on track to actually start making money? Their business model is solid but it looks like the execution was pretty slow and wasn't going in the direction they though it would. Would love to see this company turn itself around and start increasing revenue.

[dqma]

sounds like the company is in play now. Cinstead of looking for a seasoned CEO the BOD is  promoting CFO instead. Crescendo is getting impatient. Signs point to a sale sooner than later

[hiram_key]

Or....the thorn inserted deep within your pack horses right hoof....once you realize your problem and what was slowing you down....once removed the horse is very greatful and the pace is excelerated.

[Vonne001]

Correct me if I'm wrong but I think that Crescendo is no longer an important shareolder in this company. Two years ago they had almost 8 millions of shares. Today, around 830,000...1%

[facts1234]

I understand that crescendo through jamarant partners owns 8.3 million shares.  I agree with hiram key...this may accelerate either revenue growth, reduce salaries and possible sale..I will continue holding.

[ddun]

Cresendo has done nothing! The revenues are dropping, subscribers are going down quarterly and the company is no longer profitable. There are four distinct technologies which dont work with each other (webtech, BSM, Mobi and other smaller acquisitions) and there is no easy fix! The board of directors need to be fired and a new board with new ideas need to take over. 4 directors have no stake in

[facts1234]

Quite a rant!  Crescendo is doing what they feel will benefit all shareholders.  The company is consolidating onto the MOBI platform and reducing costs - looks like they are cleaning and consolidating for an eventual sale IMHO.  They continue to be very strong with their core business - rails, government and trucking.  I will continue to be patient and hold.

[Vonne001]

I have checked with 2 important websites ( Morningstar and Wall Street Journal ) I realy think that Crescendo is no longer a major shareholder in this company ( from 10 % two years ago to 1 % at the beginning of 2018)

[ddun]

Cresendo in partnership with Jamarant do hold over 10%. So does the Pender Fund. These are filed under Sedar as early warning reports or Alternative reports. Then there are 3 very significant shareholders who are not mutual funds but corporations who are just below 10% and dont have to disclose their holdings till they cross 10%. The ex-CEO has 3-4% I suspect. You get to know about these