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PLEASE Stop Making Excuses And Rationalizing TGOD's Mgmt_Incompetence

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BigNexEnd   Sunday, 10/20/19 05:30:24 PM
Re: FastMny post# 7125
Post # of 7501 
PLEASE Stop Making Excuses And Rationalizing TGOD's Mgmt_Incompetence

TGOD's management has a differentiated product with only 3 other true competitors per them. They just had a PR confirming the HIGH DEMAND of their product in OCS only to retract this a month later. I don't think TGOD has a good handle on what their demand curve actually looks like. To issue a PR in early 2019 explaining that design changes needed to be made to increase production capacity requiring a new build-out schedule and spending millions and millions only to reduce that 2020 needed capacity by 86% makes management's knowledge suspect. TGOD is seeking eGMP status on both facilities to allow export to Europe. If this certification is obtained, what would the demand for Europe look like? My entire point is TGOD's management is making the company look clueless. AND I say again, they should have NEVER needed to find financing in the 11th hour. The needed financing should have been secured months ago with back-up plans to any primary financing understanding.



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