Doesn't need to.
Doesn't own any shares.
Gets paid around 270k a year.
Not aligned with the hands that feed.
I'd be surprised if they don't have something up their sleeve just for that Richo has still kept his job with no power, but I won't be adding until I see it as the hyping versus performance balance is well out of whack.
I believe Richo has baulked at the last 2 cap raises and my money is on he will wince out at the end of November of 450k that the company may desperately need come Nov 30.
That "nominee" btw means nothing as they got the shares at 3.5 and could have easily been the one dumping at 5cents for a quick profit.
We will never know.
Right now I feel Richo would be better put to use by ripping out the electric hand dryer in the company toilet and let Richo keeping blowing out the hot air in there so we can at least save a few bucks on electricity in the next quarter.
Imho
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