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Re: powderbum post# 14961

Wednesday, 12/26/2018 4:23:17 PM

Wednesday, December 26, 2018 4:23:17 PM

Post# of 15274
If they have not removed him over the past five years after the utter and complete failure of his five-year or longer plans, why would they do so now?

The Board chose not to take the offer from the dissident group which might have salvaged the firm and given the Board a way to exit cleanly and gracefully with little blood or mud on their hands

Now the Board and, primarily the Chairman, have nothing but paper or real losses (most certainly Brennan who loaned out a lot of money to keep this garbage scow afloat). Maybe Brennan can find a buyer for the rusty hardware sitting in a warehouse or maybe he can get the manufacturer to give him 10 cents on the dollar for the salvageable electronics.

I cannot see any way that the company could be profitable in any foreseeable quarter unless they auction off Mir's home and incur no expenses for dropping him and paying back rent and salaries to any employees hired to cleans the offices of his stench.
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