Full Year 2019 Adacel Technologies Ltd Corporate Sales Call Transcript
Good morning, and welcome to the Adacel Technologies event call. I would like to introduce your host, Michael McConnell, Chairman of the Board; Daniel Verret, acting CEO; and Kevin Pickett, Vice President of Operations. I'll now be handing over to Michael. Thank you, Michael.
Thank you. And good morning, and welcome, everybody. My name is Michael McConnell, and I assumed the chair role on April 1.
First, we are extremely disappointed with the update provided today for FY '19. Over the last 90 days, we have taken a deep and thorough dive into the company. The objectives were twofold: to understand where we are based on data, facts and analysis; and then to develop all aspects of a plan that places the company on a much firmer ground going forward. This work was much more complicated and time-consuming than any of us thought. Daniel Verret, acting CEO and CFO; and Kevin Pickett, Head of Operations, are on the call with us today. They will walk us through in more detail the process
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