RecycLiCo Battery Materials Inc V.AMY

New Press Release - Richard Sadowsky Appointed as Interim CEO; Kurt Lageschulte Returns to the Board of Directors

SURREY, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”), TSX.V: AMY, OTCQB: AMYZF, FSE: ID4, is pleased to announce that the Company’s Board of Directors has appointed Richard Sadowsky, a member of the Company’s Board since...read article.

[Tatooyu]

Is he going to try and sell the company? "Mr. Sadowsky is a New York-based lawyer and business consultant with four decades of experience in complex transactions and investment banking."

[mctrader]

Mr. Sadowsky said, and I quote:  "it is important that RecycLiCo continues to take the steps necessary to move from an early-stage venture company to a major player in the battery recycling industry and that we have the resources to do so." It doesn't sound like selling the Company is on the table. IMHO

[Tslayer]

Sell the company? Large amount of debt, zero revenue and a bunch of worthless patents. What's it worth? $0.10 - $0.15 a share? I doubt it. 

[desertmule]

It's too bad some dopes here can't read and don't know how to do proper due diligence