Seb I also think both the new board members and the appointment of advisory boards is good. It certainly took a lot of pressure from shareholders and I am not sure which moves quicker the Anteo Chair or a melting glacier. It has taken 41/2 months to find some directors, after very sloppy handling of a sudden resignation.
This could be the first step in a evolution towards a more mature company. There is something awry at the top Chair and CEO if they cannot retain a well credentialed and experienced CFO. Just one look at the Website tells us there is one major parameter missing and we shareholders are experiencing the effect of it, no Marketing/Business Development senior staff. Perhaps the CEO and Chair may not want someone who can more than challenge them.
I also agree we are on the verge of something really good. I have a number of models that value ADO over a $1 once proper sales start. These look very thoroughly at costs and have not factored Battery income. At present the whole operation is 6 to 8 months behind were it should be.
ADO Price at posting:
16.5¢ Sentiment: None Disclosure: Held
(20min delay)