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Re: Boogins post# 1575

Monday, 12/22/2014 8:02:52 PM

Monday, December 22, 2014 8:02:52 PM

Post# of 2353
I agree to a point but sometimes whether to be an optimist or pessimist boils down to facts. For example, this week they announced the appointment of another Board member. The optimist in me sees this as another experienced professional helping to guide the rudder. The pessimist says we have another piggy at the trough since the company has gone from a board of 2 ( a bit small) to a board of 7 ( a bit bit much and way more costly).

On the other hand I recall that one of the VSYS financings allowed the investors to start appointing board members if things were not going well. Perhaps it is these investors who are the pessimists and appointed this new guy. Could it be that the pessimists on IHUB board are not the only ones who are concerned that Raefield is burning too much cash and hiring too many Chiefs?

The optimist in me actually hopes this to be the case since perhaps he needs some serious oversight.