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Re: vidpok45 post# 62537

Wednesday, 04/29/2015 2:07:33 PM

Wednesday, April 29, 2015 2:07:33 PM

Post# of 80490
vid, agreed, a ways to go. Those incompetent legacy BoD sycophants took less than a NY minute to throw HB under the bus. They did so in order to save their own hides from the beating Denner would give them by exposing their complicity in HB's outrageous new employment contract, inked as the FDA was breathing down the companies neck a few months before Oct 2013.

HB's departure cost us around $4Million. No need to feel sorry for HB. The company will be sold likely within the year HB gets to stick around as a consultant.

Not too much else in the agreement, but it was something to see even the press release was negotiated. No doubt the legacy folks hate Denner and he could care less. And those BoD members will become instant $millionaires with their granted stock (given every BoD member).

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