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Re: frrol post# 78416

Sunday, 11/16/2014 10:59:24 AM

Sunday, November 16, 2014 10:59:24 AM

Post# of 405212
Of course, I see the corporate benefits of an independent board and audit function. It's better for us as shareholders too! I'm just not in a hurry for uplisting and trust that Leo will uplist when the time is right. We are better off in the long run as an uplisted company. I just don't understand the rush some are in.

I have a note from Leo on the subject and will attach a cut and paste of it to this reply.



In Reply to 'frrol'
Karin, you don't see the corporate governance benefits of an independent board and an audit function? There's a reason exchanges require them and why management-controlled companies don't do them voluntarily: it's for our benefit (outside shareholders), not management's.



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