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Wednesday, March 31, 2021 11:39:33 AM
First he shouldn’t have put the negative, possibility of the business surviving in the body of the quarterly report (“Despite this good news…” paragraph and the cannabis market statement).
The quarterly report should reflect the history and forward guidance. The negative information belongs in the forward looking statements.
Also, he could have mentioned that the climate is getting better with legalization and the banking bill. The stock would have gone up on potential alone. The quarter wasn't that bad and sales may be increasing.
This CEO doesn’t know how to create shareholder value. Just look at the price since he has been at the helm. What, from ~.40-.50 to under ~7 cents.
Then this idiot had to put possible dilution and a reverse split in the report. Either of them are killers to small companies and he did both. What a f-n genius.
As soon as there is light at the end of the tunnel, possible uptick due to the governmental changes and then he shoots the company in the foot.
As far as any NASDAQ talk, this company does not have the share price, capital, sales or a board of directors. If he had a board of directors, maybe he would be canned. This company will not get to NASDAQ in the next 2 years with this idiot at the helm.
He is just a HVAC sales monkey (no offense to the monkeys).
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