CFO 0.00% 0.2¢ cfoam limited

I actually got a really legit question for the boardsomething to...

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  1. 1,556 Posts.
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    I actually got a really legit question for the board

    something to flashback, the whole point of CFO IPO is to debottleneck the production of CFoam, period.
    - when the old CEO, Mike 'alpaca' was still onboard, he boosted the production but more than half of it are not qualify for sales

    - then Allan jumped on board fix the problem by implemented the 3 phases program and we achieved first phase and preparing for the 2nd phase prior to his departure.

    - now with the new CEO from touchstone, we got machinery downtime.

    can you see the big picture here? It seems like nothing has happens in the past 3 years, things come and go. Except the the loan and expenses keep going.

    I will have a closer look at this quarterly when it is available. To fellow shareholders, things to look out for

    - check employee salaries and wages
    - repair cost

    If employee cost are still the same while the machine is down, then i can smell something dodgy.
 
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