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Re: Doordietrying2016 post# 11748

Saturday, 08/19/2017 1:54:21 PM

Saturday, August 19, 2017 1:54:21 PM

Post# of 50034
Not an Assumption that ALKM CEO is purposely not releasing O/S. CEO Only had to be held accountable because of SC 13-G. What happens in the Caymans, stays in the Caymans. Pattern of ALKM and events are also NOT Assumptions. They are the ALKM CEO's Recorded History.

Duties of Care, Loyalty and Disclosure
A CEO's legal responsibilities to his company's shareholders are broken down into three distinct fiduciary duties: the duty of care, the duty of loyalty and the duty of disclosure. The duty of care refers to the CEO's responsibility to consider all of the available information relevant to business decisions, including the advice of experts and employees. The duty of care also includes the responsibility to understand and evaluate the company's day to day operations and the terms of agreements. The duty of loyalty requires that a CEO always acts in the best interest of a business's shareholders, and that he places that interest above his own in business decisions. This includes the responsibility to avoid conflicts of interest. Finally, the fiduciary duty of disclosure mandates that a CEO fully inform both the board of directors and the shareholders about the major issues facing the business.

The Problem: FAILURE by a CEO in PENNYLAND, is not only an Acceptable Practice, it REWARDS a CEO... It's much EASIER for CEO to make money selling Company shares, than Build a Company.