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Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA... see more

CSE:TGIF - Post Discussion

1933 Industries Inc > New Appointments
View:
Post by Arbutus22 on Oct 05, 2021 12:18pm

New Appointments

Company not only appointed new CFO but also added a Controller for the first time. This implies that the company is experiencing growth to the point where additional financial expertise is needed, i.e., there is enough work currently, and projected into the future, that demands on the CFO is too much, resulting in the need to hand over some financial responsibility to a Controller.

https://cfoshare.org/blog/what-is-the-difference-between-a-controller-and-a-cfo/
Comment by Richmond on Oct 05, 2021 12:28pm
KEEP ON DREAMING. TGUF WAS A SHIITT and alwats remain a shiittt. You can add Warren Buffet's or Elon Musk, TGIF will still be shiitt .
Comment by Arbutus22 on Oct 05, 2021 1:22pm
Brilliant analysis. Detailed, constructive input. Back to your hole. Placed on ignore.
Comment by Dillinger4 on Oct 05, 2021 1:04pm
Because the company should be doing 12 million quarters minimum.
Comment by meagain on Oct 05, 2021 2:28pm
Doubt it. There have been zero new customers in 6 months. Most real companies dont have financial minions reporting to CFO, a Controller for day to day ops, cheque signing, reporting etc etc is needed. 
Comment by meagain on Oct 05, 2021 4:26pm
Just realized there is Sedar document posted in August that 1933 has changed its Auditors. Hmmmm what does it all mean?
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