Panache Beverage Inc. (fka WDKA)

[thesmalls]

how are you going to prove fraud or breach of fiduciary responsibility...? hard to prove high compensation caused the strategy to fail which will ultimately be the defense.

since the insiders had control of the shares/voting power - one could argue that outside shareholders had no real vote on the compensation and/or the BOD was not acting as oversight to runaway mgmt.

be very difficult to sway a jury and the expense would probably for outweigh the collection/payout.

i am more disappointed by current lack of reporting/responsibility to existing shareholders.