Aurora Driver, page-57

How does one judge a CEO?

- By the share price?
22c to 4.something

- By the team they build?
Founding board member Rinaldi out, ex-wife Stein in, then out
Cossette Drossler in, Cossette Drossler out, Benton in, then out
(Co-sec's) Nerida Schmidt out, Mark Pitts in, then Pitts out, Dolmatoff in, Dolmatoff out, Julian Rocket in, then out, then Kim Clark
Beachler in (then out), Hernandez in, Louis Coello in
Bager Soutern California in (sales team), then out
Bolto out, Leibeskind in,
James Roe Nth America Sales in, then out
Chairman Wilks in, then out - within a year!
Plus a whole lot more...

- by their corporate governance record?
Publicly lauded "hockey stick growth", many pending deals, then went silent when they didn't eventuate
Was paid millions of dollars in stock as a bonus, with his ex-wife on the remuneration committee, for a deal that didn't close
Was CEO, MD and Chairman whilst overseeing most of the over-promising, under-delivering and over-remuneration

- by their leadership?
Apart from staff and Board turnover, when the market was screaming for the right-sizing off wages and bonuses he announced that most of the senior management took a pay cut. Said it in a way that it could be believed he was finally taking a justified paycut. Didn't.
His tax-selling of the free bonus shares he received for the deal that didn't close smashed the share price a few days before a publicly announced deal was supposed to close (and didn't) from 12c to 9c (and onwards south thereafter) in a low volume period in an avalanche of scrip, and then updated the market to the non-closed deal a few weeks later as if it was no big deal

- by their successes in selling the thing they are supposed to sell?
Deals closed = 0

- by the strength of their share register?
Apart from those who got their shares in the original vend into the shell company and the directors who gave themselves huge share-based payments for deals that didn't close, the corporate advisers that have the convertible note that exercises below the share price allowing them to exercise and sell for a profit regardless of the price - the register contains exactly zero investors of note. No funds. No tech investors. No partners.

- by his willingness to do webinars where he doesn't answer any of the questions he asked for?