AXE archer materials limited

Ann: Departure of CEO, page-63

  1. 1,779 Posts.
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    Wow – just loggedon to see if there's any chat this morning… and what a shock Igot…!!!


    Rather than panicpost like some others have, I've taken time to think through reasons,positives, negatives etc…


    I have probably oneof the larger share holdings on here…. Which is nothing to bragabout especially if you think the company now has nothing now Mo isleaving.


    Ive read throughmany post until writing this...can I say Rambleon I think you arespot on - we are now heading into the next leg of bringing a productto market which Mo has very little if no experience in doing so…

    many others on hereFlammo, PSMav, Slyment, Nicks Trix, rab, FHC, Geeris, Gerrado andbillijo sorry I forgot anyone… have made some great points

    Other that haveexpressed doom and gloom I get that also.


    Can I say I myselfhave been very critical of the lack of; updates, lack of announcedprogress and last but not least TIME FRAMES over the past 18 months.


    Its my understandingthat both verticals are led by different people (not Mo..) and theyare the drivers of their own teams… so I don't believe anythingwill change in that department, plus its my understanding that Archerowns the IP which has been discussed to death on HC over the years.


    So why theannouncement Friday – gives us all chance to digests the news overthe weekend...will there be panic selling on Monday…? Probably…!Unless the company puts out a positive announcement, ie a new CEOwith the expertise and knowledge in taking products to market thatexcites us.


    Mo staying on for 6months IMO is a positive...this allows as backup for our new CEO asMo can still assist if required while handing over the rains.


    We may not know fora few months if this is the catalyst for Archer moving forward ornot. Of course I hope it is like any other share holder…. Do Ithink it is…? Lets see who they get to replace him first.


    Thank you Mo forbringing us this far, now its time to bring

 
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