InvestorsHub Logo
Followers 7
Posts 1877
Boards Moderated 0
Alias Born 01/08/2007

Re: ANNLP123 post# 17937

Friday, 09/19/2014 1:26:30 PM

Friday, September 19, 2014 1:26:30 PM

Post# of 21090
The board should be sued for lack of fiduciary duty. A reasonable and competent board would be reviewing and approving budgets sent to them by executive management. Yet, the BOD continue to let Ray spend like a drunken sailor. Lord Owen's resignation shows the BOD is in kahootz (sic) with Ray as they won't fire him or cut his spending for him.