I believe the new CEO, whoever that will be (as we only have a temporary one for now) should focus on selling the company to investors via roadshows and also hopefully they will be someone with good connections that can open lots of doors for the subsidiary businesses and add plenty of value in that way. What we do not need is another CEO who tries to stamp his authority on the subsidiary businesses by introducing unnecessary and counter productive processes and take budget and control away from the businesses owners. We do not need anyone on the board whatsoever this time around that does not add considerable value to the businesses either via industry experience or contacts. We had 2 or 3 of board members previously that did not really understand the industries we operate in or add any value whatsoever via any contacts, in all honesty.
The other thing the company has not done for the past 7 or 8 months is communicate its vision, or any useful information with the shareholders whatsoever. This must change going forwards and i believe it will providing we carefully select and appoint the right board members going forwards.
IMO, DYOR Mobi1
MOT Price at posting:
1.2¢ Sentiment: LT Buy Disclosure: Held