Tuesday, February 02, 2021 8:56:06 PM
I do think by the end of the year, there will be a lot of disclosure. I suspect sooner than later that we will see more transparency. I also see our pps climbing.
McNally had 51 percent vote during the last AGM. More transparency with shareholders was promised to investors. IMO he has not delivered. He mentions Titan has enough funds to last the year and then does two more dilutions, killing momentum and stagnating the share price twice now. Will investors trust him to believe this will be the last time he dilutes?
I am perplexed that he did not just dilute and raise another 100 million at $3.00 stating these funds will get Titan through FDA. It would have built shareholder confidence and set everyone at ease.
I also feel there are consequences to your actions. Wouldn't it be interesting if Titan was bought out in 2022 but the CEO was voted out for his ineffectiveness in 2021. Seems fitting.
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