Post by
btds on Sep 05, 2024 4:32pm
diamondlessnono/monte8
Just to get you guys squared away:
--Kelso's production and sales facilities arre in Bohnam,Texas. No activities in Kelowna.
--Old Corporate address--13966-18B, South Surrey, BC.---this address is the home of Rick Lee
who was recently terminated as CFO. He worked from home.
--New Corporate address--#305 1979 Old Okanagan Highway, West Kelowna,BC. This is a
Business Park where the new CEO will have his office...not working from home.
Repair facilities also exist in the US and probably a few in Canada.
The Off-Road Gizmo is located in Kelowna.probably because Bond lives there. I hope the new CEO takes a real close look at this Gizmo. It BURNS cash generated by the Rail group. There is no market and no customer base known....only MAYBE. This operation (GIZMO) needs to be STOPPED asap!
Capital needs to allocated where profits exist and grow---the Rail Group in Bohnam, Texas
Comment by
diamondlessnono on Sep 06, 2024 1:32pm
Thanks btds. I still think KLS made a mistake getting Mr Bond out.
Comment by
monte8 on Sep 06, 2024 1:38pm
I can agree with you diamondlessnono, if it burns cash and there is no real market, then sell it off and put the money where the profits exist for more growth. Broad sell off going on today. Kelso in one of the very few up for the day.