Post by
frankman on Jan 03, 2025 9:25am
Art steps down
This is good for the company. Good geo but clueless to market sentiment. Maybe the company will start trying under promise over deliver instead of hype.
Comment by
kosmos1 on Jan 03, 2025 9:43am
I agree this is good for the company. My impresion is that this has been in the works for sometime, I am not suprised at all!!!! I think the board was frustrated and sensed alot of investor frustration. In reality I think we are in a better place
Comment by
Guytorule on Jan 03, 2025 10:24am
Im very surprised...Why Now!!! Timing Stinks. Wanted him gone a long time ago, but not exactly now just before a successful conclusion with those VS installation. I suspect this is a prelude to more depressing news unfortunately. To each their own, I smell trouble here in the next 2 weeks.
Comment by
Boulder49 on Jan 03, 2025 10:34am
Expectations regarding flow rates were clearly not met. Arthur Halleran does not seem to be the right CEO to communicate difficult news transparently and clearly. A fresh start is urgently needed to prevent the share price from falling further. The transition management must act immediately to set the course for a successful future.
Comment by
YutesandGrutes on Jan 03, 2025 11:24am
If they have a new group of experts coming on board, I wouldn't be surprised to see a rise in insider buying from newcomers and potentially the current members. Seems like good things coming up if they are this quick out of the gate for annoucments. 2 press releases in 2 business days of 2025...
Comment by
Boulder49 on Jan 03, 2025 11:35am
Guyt. that is also possible. Then the end of TCF is fast approaching and the search for a new CEO would once again be an action to keep investors quiet for a while. Only the new management can communicate that this is not the case.
Comment by
YutesandGrutes on Jan 03, 2025 3:09pm
Not really sure what your end game is here Boulder49, but based on the communication the last two days by Trillion seems like they are moves on things and share news upon it becoming definitive as opposed to so many in this industry who comment on speculative activities.
Comment by
Guytorule on Jan 03, 2025 3:45pm
Well said Boulder..expect more of the same old with new management. Truth will be come soon. Halleran is Not that old by the way..He's exiting before the big storm unfortunately, thought for a moment could be a turn around story here...Not anymore!!!!...with this announment. Negative news in my opinion, only inferring that more things are failing here operationally and financially..