it's always telling how aspects are viewed
mgmt noted in March of 2016 intent to seat additional BoD
it took RH to October 2017 .. to do so .. *heralded* is another *term* utilized by crews
suspect many actual P2O investors had given up on RH's *intent* ..
and were *surprised* alongside NR
what is really telling tho'
is that both BoD adds are consummate businessmen in their own right
and have been denigrated by rote .. by those who hold no shares .. or whine
consistently claiming to be invested .. as if anyone bashes (softly or otherwise) their investment
imo they don't .. they would sell and move on .. instead they take *root*
both BoD adds *hold* significant open market PTOI *shares* .. one of the two
was a source of significant funds to the company .. and most likely imo is responsible for the potential sites noted via update .. in Canada ... again mgmt has options
i would have liked to see the CFO hold off departure until RH articulates *intent* and there is an update filed on RC and his group of investors
it is what it is .. as for expertise .. no one with exchange traded board experience will sit on an OTC target whose *stock* sits @ 3c .. until *proof of sale/install/deployment* exists ..
it's why imo you see the time frame so meticulously laid out in the MA
4kids
IMO
mgmt noted in March of 2016 intent to seat additional BoD
it took RH to October 2017 .. to do so .. *heralded* is another *term* utilized by crews
suspect many actual P2O investors had given up on RH's *intent* ..
and were *surprised* alongside NR
what is really telling tho'
is that both BoD adds are consummate businessmen in their own right
and have been denigrated by rote .. by those who hold no shares .. or whine
consistently claiming to be invested .. as if anyone bashes (softly or otherwise) their investment
imo they don't .. they would sell and move on .. instead they take *root*
both BoD adds *hold* significant open market PTOI *shares* .. one of the two
was a source of significant funds to the company .. and most likely imo is responsible for the potential sites noted via update .. in Canada ... again mgmt has options
i would have liked to see the CFO hold off departure until RH articulates *intent* and there is an update filed on RC and his group of investors
it is what it is .. as for expertise .. no one with exchange traded board experience will sit on an OTC target whose *stock* sits @ 3c .. until *proof of sale/install/deployment* exists ..
it's why imo you see the time frame so meticulously laid out in the MA
4kids
Quote:The two BOD adds were heralded as significant because neither had any experience being on a board previously. BOTH were friend of the CEO. And one was a poster on a SMB.
Not quite sure why you would think they would be heralded as a major accomplishment. I know plenty of millionaire and one billionaire businessman. Neither have ever sat on a board or have ever been asked.
When there is no parameters or specific qualifications in regard to experience as a bod member, then no significance is placed on their seating.
IMO
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