In short the Former CEO did not have the sales acumen, background required. Not his fault there is someone better suited.
You already know below announcement.
When the new board member(s) are announced, and the board and management meet to discuss what's best for the business regarding renumeration, oversight, composition etc based on their understanding of the available market which may be 2B TAM or not, other metrics might be more realistic. They are confirming if 2B TAM is realistic or are there other numbers which would better inform the market.
Sharing is caring.
Please list and give reasons for what you believe are the poor decisions.
The skill set we require taking a company from (-20M) loss to (100M+) profit. The CFO has achieved profit results at NAN. Can you explain how this skill set achievement is not relevant and make GM out of his depth.
The same as the old management team did not give out sales target by quarter or any other time frame, best we got was quote "sales for the quarter are inline with expectations" etc, I'm not sure what you are trying to gain from forcing the management to pick you a number, the company does not won't to misinform the market, anyway, wont your own model indicate projected sales.
Not asking for your IP in this case.
Kind regards
Acclivity
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