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Wednesday, August 30, 2006 2:36:40 AM
What took place at the court hearing on the 16th?????
By now it should be apparent that the court hearing and the sudden disappearance of the CEO must somehow be related. It is too much of a coincidence
Was something brought forward by the lawyers for Kelly that had been kept under wraps until then
a. was it presented to the court (with tangible proof) that Cox was an accomplice to Mr. Kelly and Cox was therefore fired by the Board;
Or
b. was it presented to the court (with tangible proof) that Berman was an accomplice to Mr. Kelly and Cox saw no other alternative than to quit
Why has the company not issued a PR or filed an 8-K detailing the departure of the CEO although it is required by law to do so within 4 business days of the event. And for the same legal reason why have the SH not been informed of the rumored new CEO
CEOs just don’t abruptly leave their posts without cause. They were put there by the vote of the shareholders and have a mandate to carry out their responsibilities until next SH proxy.
Why would it take so long to file a 10-Q for a period in time that precedes the event that caused the departure of the CEO. The 10-Q which reports events and financials up 6/30 does not even need to mention it (probably should be included under Subsequent Events though), although somebody (the interim CEO) needs to sign and certify in his absentia. After all, the CFO is Berman and thus all the financials should be second nature to him so the disappearance of the CEO should not be a reason for delay.
Is the delay of the 8-K and the 10-Q because they can’t figure out the wording? Wording that will stand in front of a legal court. Remember any filing with the SEC are legal documents.
What took place at the court hearing on the 16th?????
Just asking and exercising the conspiratory part of my brain
TT
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