No, you're self-serving analysis is incorrect. As per the MCOA website resume:
"- Mr. Psomiadis has been a member of the Board of Directors since February 28, 2020. In his new executive position, Tim will participate in a broad range of opportunities both in the US and in Brazil by attracting, analyzing, and negotiating potential alliances and acquisitions that benefit MCOA. He will work closely with the Company's Brazilian based Board Member, Mr. Marco Guerrero, to launch MCOA's new Brazilian venture.
As you can see, Mr. Guerrero is the remaining director to actually continue to coordinate the effort in Brazil, once it is established. The departing Mr. Psomiadis had 10 months to help establish the network, and his role was likely accomplished in that time.
I guess we will find out for sure soon enough.
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