In October, Cann Global’s senior executive management team implemented a company wide audit of expenditure and costs in order to assess where savings could be achieved and to acknowledge the expectations of shareholders regarding revenue timelines. We believe this is an important step to securing our path to future profitability."
I think shareholders are more interested in the expectations of earnings per share, not revenue!
I can help the senior mangement team identify a massive cost that can significantly bring forward the break even point... it's called the excessive salary and fees taken by the the BOD and those charged via the AGMPL Services contract!
Do the numbers and work out the percentage of capital raisings that have gone into building a sustainable business versus the directors pockets! Great money if you can get it!
They need to add a Sentiment for new shareholders... Watch for now!
CGB Price at posting:
1.5¢ Sentiment: None Disclosure: Held
