Wednesday, December 13, 2017 9:28:09 PM
It was disappointing on a number of fronts. I'm trying to ascertain whether the $78mm UAE and Vietnam contracts are still valid. The CEO seems to suggest so in the update, but it wasn't 100% clear to me. I'm also confirming that the CFO relinquishes the majority of the 13.8mm shares he got in restricted stock.
This Alex guy seems like a real piece of work (I couldn't find a more PC way to express my view). Throws up road blocks repeatedly even though he's getting a piece of the food business for doing nothing. I'm sure Anshu wishes he found another corporate shell, but it's a moot point now I suppose.
I told the CEO to get all of the bad news out of the way soon and to set low expectations for next year. They need to start over delivering.
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