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Bullboard - Stock Discussion Forum RIFCO Inc. V.RFC

RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in... see more

TSXV:RFC - Post Discussion

RIFCO Inc. > entire board fired, ceo is next
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Post by SamRothstein on Dec 11, 2020 5:38pm

entire board fired, ceo is next

It was a very quick and super lame AGM, no video, no discussion of financials. Just voting, and no questions afterward.   Current board all turfed and CEO will be next.  4 new directors appointed.
Comment by Lawyerup on Dec 11, 2020 6:21pm
Thanks Sam, good news probably why the stock price didn't drop to the bottom.  Hopefully, new board and a new CEO will settle things down and provide more shareholder value.  Cheers Charlie.
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