Eugene and the corporate lawyer (who is really employed just to keep things in check) haven't been here for long but have a reason to be here which no one really knows what that is...
Only one left is David Jackson and under his chair since 2017 the company has been destroyed to a shell for whatever reason or excuse...
If you're of the opinion (like me) that RFN is a shell and hopefully has options for acquisitions then you don't give a crap what passive line David is taking with the company and what absolute circus and poor decisions have been made to date...as in effect with an acquisition a complete new company will be formed and thankful that you can buy cheap right now with a $3M investment still in Loyyal.
What I need to be 100% clear on though is the company cannot take the line they are "busy creating shareholder value" or "busy on core business" and not even post an activities report for 3 quarters.......The company is too far damaged from the last 2 years so yes it does need new management but its in the form of a new investment...and this current management including david needs to go.
Their only line should be they are looking for acquisitions as the passive 15% stake in Loyyal isn't going to pay the director and corporate wages...
So I am somewhat happy its been a shtshow and I can buy at sub $3.5M market cap but now I am basically "full" i want to see a return on my investment very bloody soon as the blackout silence is not acceptable.
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