Tuesday, April 14, 2015 5:13:06 PM
In the world of corporations, the Board of Directors have a fiduciary duty to the shareholders. It is also up the Board of Directors to determine when to release information, subject of course, to the various laws and regulations. The Board of Directors may delegate a substantial of the management and decisions to the company officers. In this case the BORK Board of Directors need feel no urgency to define or declare what current activities are being conducted.
Someone has now posted that John Bourque is, and as been, involved in his lab in a new location. That is interesting data to have. Even accepting that as truth, there may be no immediacy to the need to make public disclosure while the company ramps up its activity and gets a handle on the confusion that existed during Mr. Bourque's absence. This, despite the yearning minor shareholders desire for company announcements.
No recitation of prior year events or conditions will change this.
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