Hyperdynamics Corp (HDYNQ)

[ssc]

"Ray is still the boss" Are you sure about that?

If this purchase is completed, CLNG will own approximately 53% of Hyperdynamics’ outstanding common shares and will have the right to appoint representatives who will form a majority of Hyperdynamics’ board of directors.

The stock purchase agreement provides that Ray Leonard will remain President, Chief Executive Officer and a director of the company, and Jason Davis will remain Chief Financial Officer, subject to the discretion of the board and resolutions of the stockholders.