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Post# of 346043
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jakedogman1

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jakedogman1

Re: None

Tuesday, 05/16/2017 4:34:21 PM

Tuesday, May 16, 2017 4:34:21 PM

Post# of 346043
last post for discussion...

https://www.weil.com/~/media/files/pdfs/chart_of_board_requirements_june_2011.pdf?la=en

nasdaq requires the BOD to affirm that the directors are independent... see page 6

CJ works for ES under two companies while director (Roswell and Swartz Investments)...

How does a BOD affirm no conflicts with conflicts like that? The very genesis of the proverbial "foxes in the hen house". At min they should recuse themselves.... so once they recuse themselves, who's there to vote with 4 member BOD?

Can you all see the problem and why there is virtually no "real" institutional investors other than "special situations"... We have a special situation... the BOD needs to be overhauled and replaced with competent experienced biotech members...
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