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Friday, July 21, 2017 3:53:38 PM
Frankly the CEO leads but the CFO should be the wise fiscal sage of sober second thought on a given strategy. $0.20 is starting to feel like a very very long way off in terms of triggering those warrants and a reverse split at abhorrently low levels seems to be the inevitable reality.
Mr. McNally referred to Mr. Randell as his "rock" which has bothered me profoundly! It is got me thinking about past usages of this word. Jesus and the disciple Peter for instance. - a biblical and lofty gravitas. The Rock of Gibraltar - the great naval base for the British Empire. Trashing a stock from over $2 Canadian to $0.13 Canadian does not seem to be a fitting reference for someone who has overseen this fiscal demise. And that frankly is our illustrious CFO.... who of course is now a fat cat on the board of directors.
Mr Randall has a specialty in mergers and acquisitions listed in his bio. We're getting to the point where beggars can't be choosers and I'm really concerned about the low-ball offers that might start rolling in here. In my view Steven Randall does not deserve to be on the board of directors let alone CFO of a company that aspires to rival Intuitive Surgical.
In my view we as shareholders should petition management at Titan for Mr. Randall's immediate removal from the BOD and seek an immediate replacement for him as CFO. Enough is enough!!
Thoughts?
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