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kpkg

4,149 Posts.

26/10/17

08:56

Post #: 28204488
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Originally posted by Brian3644 ↑

I've been thinking about the recent developments for a few days now. In my opinion, Todd has proven himself to be an excellent operations manager, delivering quarter after quarter of growth. However I believe Todd has struggled with dealing with the"listed company" responsibility. Whether this is because of spreading himself too thin or him having a "private company" mindset I don't know.
Long term Todd and the company will do better from him stepping down from the public side of the company allowing him to concentrate on what he does well, running the company operations and allowing someone else to deal with listing compliance and public side of things.
It would have been better if this was a planned and orderly change.

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Begs the question if the refinance was conditional on his stepping down.
It's the few things like this that lacks professionalism . Teething problems for now .

STL Price at posting: 1.9¢ Sentiment: None Disclosure: Held
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