Thursday, August 07, 2014 10:18:25 PM
IF the two had executed their fiduciary responsibilities in the manner in which the positons were accepted as representatives of shareholders - there would be no need for accusations or guessing on where the mkney did or did not go. Further - they refuse to provide the proof that can prove their innocence and/or benevolence. Why would they NOT show where the money came and went...? What good does that do the shareholders by withholding it.?
You can throw big words around and make subtle suggestions that some might buy - but in the end - they failed as fiduciaries regardless. Whether or not they broke the law or SEC regulations (other than the things already highlighted) remains to be seen.
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