Can anyone tell me when we last got a complete and honest assessment of CBAI from management?
Can anyone tell me what management has been doing at CBAI for the last 18 months?
Can anyone tell me what has happened to all of the stated goals of the last CEO? What is still viable, what is not? If the goals have changed, how have they changed, and why?
What is the specific plan that current management is implementing? Is it identical to the Matt plan?
HOW DO WE STAY IN BUSINESS WITH NO SHARES TO SELL?
What does management intend to do differently than the prior CEO?
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In my book, only management can answer these questions. It's laughable to say that CBAI should simply pretend that the past didn't happen, lest it scare off new investors. Anyone with half a brain knows what has gone on here, so I'm curious to know how hiding that fact or refusing to speak of it in any way benefits CBAI. In fact, the refusal to acknowledge past mistakes has been an ongoing problem with CBAI, and still exists as we sit here today. So, not much change other than the CEO name, as far as I'm concerned.
Because really - NOTHING has changed other than that. PPS still in freefall, investors still completely in the dark about the business plan, management silent, TA gagged, etc. ABSOLUTELY NO CHANGE, other than Matt's right-hand man assuming the leadership role when he decided to bail.
Forgive me if I don't feel like sitting here for another several months, with no feedback from the company, waiting for some random sign that the new CEO is doing ANYTHING to benefit shareholders, or in any way is attempting to distance themselves from the past.
So, like it or not, the past MUST be addressed in order to effectively move forward in the future.