Post by
Carbonbull on Apr 13, 2023 11:02am
As predicted
The CEO has stepped down and i imagine there will be a cadre of useless overhead eliminated in the coming weeks. The discipline of turning vision into a viable highly profitable business begins. Dont expect miracles this will take at least 3 quarters. the entire M and A team should go overpromised and underdelivered with very poor modelling skills. Lot of confidence in the current acting CEO and CFO , a bit of a challenge to raise capital without audited statements , I somehow think to get there the third quarter will need to be restated.
I also think a thorough review of money spent thru the former CEO office should be taken , he has already demonstrated that he was willing to put his interest ahead of the company's . I would not have given him as graceful as an exit.
Comment by
pennyflipping on May 13, 2023 3:17am
Why did you stop your shallow and empty commentary? Things are just getting fun!