InvestorsHub Logo
Followers 5
Posts 1467
Boards Moderated 1
Alias Born 05/03/2012

Re: saulucy20 post# 13940

Friday, 01/24/2014 8:13:02 AM

Friday, January 24, 2014 8:13:02 AM

Post# of 17504
I think the management is on the right course. I would not want to see them changed. That would just be more expenses, a long learning curve for them to get up to speed and hired management will not take a subsidy and invest when required, if required. This is a ridiculous idea to suggest a change with no suggestion for who. It is also silly given they have clearly turned this boat in the right direction.

Only a few years ago the last CEO Pierre Cousin y lost $2,700,000. Since then, under the new management the past two years they have approx. $5,000,000 in sales and only lost $300,000 according to the last filing Q 3, 2013. With a PR out saying management took another haircut to make the company instantly profitable it is hard to take seriously any suggestion that we replace them. One has to question the suggestion or the source/