That is hardly a million dollars worth of shares in 10 days. Just about $750 000. Compare that to million of dollars old investors have lost to date. Your question should be addressed to the existing CEO, the board and senior managers. What are they going to do protect and increase value of our investment? In my humble opinion, the answer or first step is straight forward. Reduce their salaries by 30 percent and reduce corporate costs by the same amount to show commitment and send a message that they are indeed serious about turning the company black and are willing to make personal sacrifices to do so. In these stormy days most companies do so. Why not CDY.
CDY Price at posting:
7.1¢ Sentiment: None Disclosure: Held
