illumin Holdings Inc T.ILLM

Acuity Board of Directors...

[skelterhelter]

...needs a major refresh.

The board hasn't changed since the first days and with the impending Nasdaq listing and much higher scrutiny (including from US hedge funds looking to go short!) me thinks a board refresh is in order. Need to replace some dead weight (won't name any names) with some higher profile/capable marketing / ad / tech folks from the US.

This is a no brainer and I'm sure the major investors will be insisting on this step ahead of the Nasdaq listing. Could be a small catalyst as well depending on the names they are able to attract.

[Jboosted92]

not sure about dead weight, but definitely agree with BOD improvement

[Thelostdutchman]

Could get rid of Dent. If only for shareholder messenging. The guy is constantly selling shares. 

[Torontojay]

I would pay more attention to the 4 co-founders who collectively I believe still have over 100 million invested. I am aware that the cfo has sold most of his shares for reasons unknown but perhaps he's buying a new custom home with the proceeds? 

[Thelostdutchman]

Toronto real estate isn't cheap. 

[5rockies]

or donating to charities, it's Christmas!! pretty sure he had some good cause for it.

[CptJamesCook]

cfo selling shares knowing that the price will increase, aha ok.

[skelterhelter]

  If CFO was dumping a ton of his shares I would be suspicious. This was a relatively small percentage and a one time thing back in the summer.  Also, CFO and CEOs for that matter rarely "know" when a stock is going to run with few exceptions. I've had many frank conversations with both over the years that were convinced their stock should when it didn't and did

[jaybull79]

The CFO sold 300,000 in September in the $3.'s, LOL, nice try CptJamesCook (74) User Actions   December 30, 2020 - 09:36 AM 48 Reads Post# 32196167 RE:RE:RE:RE:Acuity Board of Directors... cfo selling shares knowing that the price will increase, aha ok.

[CptJamesCook]

So CFO thinks the stock is not worth more than $3? Ah, ok

[CptJamesCook]

So CFO thinks the stock is not worth more than $3? Ah, ok

[jaybull79]

The CFO sold just before the launch of Illumin. That was not a very opportune time to be selling, so he clearly needed it. Use any valuation metric you want on AT, and it is worth more than $3.30 pre-Illumin. As far as the rest of the recent insider sells, they still hold approx 25% of the company. I am a huge advocate of Acuity, and even I trimmed a little for diversification purposes, as my

[retiredcf]

Nice synopsis jaybull79. Agree that 2021 should be exciting. There's also the possibility that one of the US companies comes knocking on our door as a suitor. Hope we hang around long enough to really make it worthwhile. Happy New Year. GLTA 

[jaybull79]

Thanks retiredcf, always enjoy your posts on this (and other) boards! Happy New Year to you as well, and to all the great contributors on this board!  BTW, the technicals are also looking good. You need a bit of a stomach to handle the volatility, but everything is lining up nicely for AT during this consolidation phase. GLTA.

[5rockies]

all valid points. the guy could have bought 6-7 houses, not just one if he patiently waited as many of us. there must have been something personal or company-related that we are not aware of (nor we need to be), which forced him to sell so early. we have to admit, as cfo, he did a very excellent job with filling in our pockets. the stock had a great run, unseen before, in a very short period of

[GAMECHANGER1234]

"pump and dump". Perfectly executed. Congrats to all. I sold my shares at $21 and this bullboard laughted at me. Who's laughing now. The insiders cashed in, what more do you need to know. Shares will crater below $10 early in new year. Good luck to those staying long.

[Torontojay]

You like to pump EQ but Acuityads is cheaper using many conventional growth metrics such as price to sales, price to gross profit, EV to ebitda. Maybe EQ should strive to be ebitda positive before we make the comparison.   

[jaybull79]

Quoting this from 12/30/20 as I have mentioned rebalancing on this board before. And when I say I sold between $25-32, that was only the portion above my sleep number. Long and strong AT. GLTA.