Tuesday, June 02, 2015 2:14:03 PM
I'm assuming the 3 board members that resigned were not deemed truly independent as they had ties (through being an investor or something else) to the company prior to the board nomination.
Remember their goal is 5 out of 7 board members will be truly independent.
Leaving them needing only one more independent board member to add.
They have 4.
2 non-independent are Brad & Estella.
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