Wednesday, May 01, 2024 8:54:15 AM
We can't be any worse off than we are. $400K is not a lot of money in the billion dollar insulation market. You can't buy an average house for that.
How much house wrap did DuPont sell last quarter? MILLIONS of dollars in product.
BTW, those sales happened while our CEO was incapacitated. Joe Riccelli did not complete those sales.
If we replace our CEO, then up to $10,000,000 new investment.comes in. The company can finally grow. We can fix the testing machine that our CEO let fall into almost total disrepair and get certification., we can finish installing the equipment purchased a decade ago to actually manufacture insultex in the USA, we can actually market and advertise insultex, give our distributors POS materials to help sell insultex, promote at trade shows around the world, and PAY a high powered sales team to move truckloads of product a week.
Keep our CEO and we muddle along looking with little sales and a penny stock. That is Riccelli's performance record. It is a record of bad decision making and total mis-management
Greendolphin, one thing we can agree upon, with our CEO's EXTREMELY POOR HEALTH at age 75 (avg life expectancy for a white American male) , shareholders won't have to wait much longer before we have a new CEO. Joe should concentrate on Joe and let go of the day to day running of the company
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