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Bullboard - Stock Discussion Forum MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post Discussion

MYM Nutraceuticals Inc > Something More to Think About ...
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Post by WeeblesWobble on Nov 07, 2019 1:03pm

Something More to Think About ...

PR dated Feb. 26, 2019:

“Today’s announcement marks the continuation of our 2019 strategic plan that includes new leadership and focused direction for MYM,” said Howard Steinberg, CEO of MYM. “Our restructured operational leadership team represents a significant step toward strength and stability for the Company. It will greatly enhance our ability to be successful in our goal of global expansion and creating shareholder value.”

"Paul Cheetham will oversee MYM’s global operations as the company’s newly appointed Chief Operating Officer. Mr. Cheetham will lead the daily operations of the global MYM team and be responsible for the alignment and prioritization of the company investments and ensuring operational excellence across the organization."

Buried in PR dated Sept. 27, 2019:

"Paul Cheetham (COO) is no longer with the Company. The Company thanks Mr. Cheetham for his support and wishes him well in his future endeavours."

IMO, this does sound like the death knell of Weedon and Laval as far as MYM is concerned.  You don't dump your COO if you're planning extensive grow operations.  Then tack on the termination of the Dutch Passion production agreement.

Here's to hoping the latest "pivot" works out for everyone.
Comment by HeryRunFst2 on Nov 07, 2019 2:07pm
This post has been removed in accordance with Community Policy
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