Once again, there's information in the latest financials which indicate that Carmichael has been given a lien over the assets of the company. Under normal circumstances, this process requires shareholder approval. It's very ironic, that Carmichael and Jordan are members of the board. Carmichael himself is a Director. From what I can tell, there's absolutely no due diligence here. Rather, this RECKLESS behavior has conflict written all over it!
I guess Carmichael thinks he's absolved himself from being a party to any legal action.
This is certainly one for the regulators! Stay tuned.......
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