RE: Advertising.8 Jun 2020 16:18
Chancers if he stood down you would be looking at a 50% profit. His rep is that shot down.
You can do the BS once and say we were just out with the contract. He has done it twice - with the 10 mil contract crap.
It's why he doesn't go out knows it won't work. IR Won't go near shareholders or return their emails.
If he has to do an AGM he'll do it. You'll get a little mea culpa, not much to lubricate the shafting, then back in the hole.
Until the next share raise. At the rate we are burning, even if he executes we still need one more, I reckon.
It is a tough industry. But he p1ss£d in our glass and told us, it was champagne at Xmas. We all glugged away.
Some fault definitely ours, some his. But now his word is meaningless.
He has six months to deliver two to three mill in revenue - no more no less.
He will fall on his sword if he fails as there are too many other jobs on the line and they will need him to vacate.
He did show some great vision, the weakness has been in burn rate and looking at things with a telescope and thinking they are just at the end of his hand. This was at the point of execution.
A CEO needs to be a strong visionary and a great bureaucrat. It's a tough job. He could be the C'man he needs the bureaucrat as he does not have the experience.