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TooFrank

04/14/23 12:58 PM

#24499 RE: OINGO BOINGO #24498

OTC CEOs don’t give a damn about retail investors. Matter of fact no CEO gives a damn about any retail investors. It is all about satisfying owners, lenders and institutional investors.

Slimjim48

04/14/23 1:02 PM

#24500 RE: OINGO BOINGO #24498

I think that’s generally the case when the owner’s mindset is to SALE as soon as he can. I worked for several companies with multiple operating plants, as a GM, and was mystified that a common denominator with the owner was efficiencies weren’t a big concern……revenue was paramount.
One such individual was co-owner of Jaguars NFL team. He said, I quote, ‘F’ effieciencies , just get the revenue”. The reason being….a buying company always thinks they can ‘do it’ better.