The bloke who bluffed his way through the past few years of quarterly reports and updates has been terminated. A new CEO has been appointed who has successfully led a tech company to profitable exit previously, has already had 12mths inside the company to see the problems, has a maturing tech platform which seems to solve a big problem in a very big industry. The issue has been sales and this new guy has a tech sales background. I expect enough shareholders, although pissed, would ultimately tip in some cash to give the new CEO and strategy a go. Might depend on how much they want and price/dilution. Let's see.
YOJ Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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