Likely to deliver worst results in two years due to cheaper phones. Shares of one of samsungs rivals, apple, levels not seen since 2012 as tim cook considers broadening the board of director p. Ad view, and the labor recovery is not translating into more customer spending. Hell join us live a little bit later on. First up, though, samsung warns Second Quarter earnings worst in two years, down 24 . The smart phone maker is cautiously expecting improvement in the Third Quarter. Analysts say the high end phones are not selling as well because of an abundance of cheaper alternatives and the company may have no alternative but to cut prices. Samsung, and interesting case study hit from the high end on apple and a lot of players at the low end, but they are citing competition in china, europe, tablets smaller tablet cannibalized by phones and people not upgrading as quickly. Thats the key, lack of upgrade perhaps because while theres a new it ration, its not an advancement. People hold on to
Sativa Wellness Group Inc. Provides Board of Directors Update
Sativa Wellness or the
Company ) is pleased to announce changes in the board of directors of the Company (the
Board ), who will be responsible for setting the strategic direction of the Company for the coming year.
Further to the Company s news release dated January 29, 2021 regarding the Annual General and Special Meeting of the shareholders held on January 26, 2021 (the Meeting ), each of Geremy Thomas and George Thomas have been appointed as directors, and Geremy Thomas has been appointed as Executive Chairman of the Board. Following the Meeting, Henry Lees-Buckley is no longer Chief Executive Officer of the Company effective February 3, 2021. In addition to his role as Executive Chairman, Geremy Thomas will act as the interim CEO until such time as the Board appoints a new CEO.