The CTO is still in place and Sanchez hasn't done anything to remove it - another example of his incompetence.
The bullshit is when Sanchez states - from June 27, 2022 - "the first loans will be going into the company in July and will appear in the 1Q 2023 period ending Aug 30."
And Sanchez stated there was a merger and over a year ago Sanchez he was filing for a name and ticker symbol change. That still hasn't happened.
So the CTO still being in place is germane to Sanchez's level of incompetence.