Post by
NewToInvesting7 on Apr 08, 2024 3:30pm
Last 2 NRs
Extremely disappointed with the last 2 NRs from StageZero. With a $25m credit facility available to draw from, plus the options that the BOD has that can be exercised, why is there no money to pay auditors? Something does not smell right.
If you are managing the company and get paid a hefty compensation package (~C$500k for JHT), why not exercise some of your stock options, even if the exercise price is higher than the current SP, and use the funds to pay the auditors? Do you not believe in the product you are selling?
I do believe that the company has a product to sell that will generate revenues, but James Howard-Tripp has failed us yet again. After this, I would strongly suggest that the shareholders vote out the entire board, save maybe Rory who has some skin in the game.
Cheers!
Comment by
4real4ever on Apr 08, 2024 4:06pm
Smell CCAA They sell nothing so no need to believe in their products Even Rory have to go but you'll never see that before BK
Comment by
4real4ever on Apr 08, 2024 6:02pm
No votes are needed for CCAA Even with $25M if it's true they can do it