CAT 0.88% $3.42 catapult group international ltd

Ann: CEO Resignation and Transition Arrangements, page-148

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  1. 46 Posts.
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    The part I think you made up is meeting with CCO and where you said he showed their financials that they are profitable and no debt. First, there is no reason for him to divulge any of this information to you. You're not his creditor or investor, if he did, then that was stupid. Also they clearly have debt, more than 2m of it as end of 2017. Also you posted your comment on 8/2/19, and said you met him a week ago. Where 1 week before he was clearly back home in Ireland looking very happy signing up IRFU (link). Now I realise he could  traveled half way around the world in ~24hrs and you were the first person he would meet in Australia- but somehow think the Aussie/NZ rugby teams may have been a higher priority. So this does not really add up or come off as being believable. Would you agree?

    Finally, you mentioned the StatSports CFO talked about their financials in Irish Times few months ago. StatSports actually do not disclose a CFO, on their website or LinkedIn google search etc and I am pretty confident they don't have one. I couldn't find any article on Irish Times mentioning StatSports financials aside from a 4m grant they got, which I think was an emergency capital injection. They said they would hire 237 people over 3 years - yet only had 3-5 positions listed. So again things don't add up.
    Last edited by RWC1: 13/02/19
 
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