That is amazing news ptygold!
Especially now, after just completing a major negotiation. I wonder why they are going to audit in Panama and Spain at this time since we have had a Big Four auditor for years and just finished our annual audit six months ago? I wonder whom the auditor could be?
That is a very different story from what I have heard was in the restructured organization. I guess I was just not informed as I thought. I will be looking for the news on DAX when the market opens in a few hours, and of course on TSX after the Victoria Day Holiday reopens in the morning. Congratulations on a real coup with significant news!
I guess they will have to pay him the millions of dollars owed in the accounts payable that he had deferred collection to keep the company operating. Can't wait to see how that affects the share price. Plenty of dry powder waiting to use. Perhaps we have a negotiated deal and are finally going private? Would that close out existing stockholders like the GM deal??
Good Luck, hope you have prepared and made the right decision...
PS: NOW I AM REALLY CONFUSED. PANAMA TELLS ME THAT THE RESTRUCTURING AND BOD CHANGES HAVE NOTHING TO DO WITH SALARIES OR RICHARD FIFER, BUT ACTUALLY REFLECT OPENING POTENTIAL POSITIONS, (MORE THAN ONE), WHERE ADDITIONAL SKILLS ARE PLANNED TO BE ADDED TO STRENGTHEN THE BOD WITHOUT SEEKING EXPANSION. GOSH!! IT IS AMAZING THAT NONE OF THE LARGE STOCKHOLDERS NEW ANYTHING ABOUT YOUR INSIDE INFORMATION. GUESS THEY ARE JUST OUT OF THE LOOP TOO!!
