Post by
SouthernTierTom on Sep 14, 2021 8:40pm
Hey Mikey, "never underestimate your audience" ; - )
The revolving door drama only placed the chair and former WestJet founder in the CEO chair on a "temporary" basis, surely you knowse that ; - )
Mr. Morris didn't SELL anything "hey Mikey". He exercised 30 cent CAD warrants and was relieved of the 1.5M share conversion at 44 cents CAD for a tidy $210K CAD profit without having to layout a penny..."SCHMART" as he has been known to be tagged. More importantly, the 1.5M shares were "absorbed" BUY a US invester with a tiday 44 cent CAD ACB on the arrangement....given the transaction, I've always considered the "real floor" 44 cents CAD ever since the tranny went down....informed US money peeps don't get "HAD" at 44 pennies CAD on a Canadien bio with 90% of the ownership carrying 30 cent CAD ACBs...Just my opine Mikey, but if you're gonna attempt to dupe peeps...come up with a better plan ; - )
FWIW and always do your own DD
Tom
PS - just imagine if you knew down the road you would manage to collect mega options at a 33% discount, and a quantity up to 10 TIMES the amount you were "unloading".....schmart, VERY schmart ; - )
Comment by
Vista5 on Sep 15, 2021 12:56pm
Russ -- Please know the facts---I did not say Andrew Morris is not a good hire I simply said the company did not do an executive search. I also said he sold which he did in turn with his option exercise. The bottom line is the company needs to file the EUA hopefully now that they have a CEO in town he can help drive the process. Don't you wish you were still with the company?