Bullboard - Stock Discussion Forum Venzee Technologies Inc V.VENZ

Alternate Symbol(s): VENZF

Venzee Technologies Inc. (Venzee) operates as an artificial intelligence platform for the transfer of product data between brands and retailers. The Company develops and markets a cloud-based platform that is used by various suppliers and manufacturers from a range of industries to share their product information and inventory updates, in real-time, with their retailers. The Venzee platform... see more

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TSXV:VENZ - Post Discussion

Venzee Technologies Inc > Cost Control?

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Post by SpauldingSmails on Aug 30, 2022 1:04pm

Cost Control?

Great quarter.....0 new connection adds from what I can tell but managed to spend a ton of cash once again. End sarcasm.
So now as a result cost control is all of a sudden a priority after they pissed away all private investor dough over past 2 years while it was painfully obvious to anyone with half a brain that their spend was astronomical. Get real John and team. Management should take 0 salary instead of a measly cutback until they execute or the company goes belly-up. Better yet, can the CFO for complete financial negligence.
I am a Venzee supporter and think their tech is applicable but this is beyond ridiculous. Time is ticking.

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Comment by SpauldingSmails on Aug 30, 2022 1:22pm

Also any responsible BOD would not have granted PSU's when absolutely nothing has been accomplished for several quarters. How about a "say on pay" model voted on by shareholders?

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