Friday, March 27, 2020 3:20:07 PM
They just couldn't do the smart thing. Wisdom is not a family trait- the former CEO had a 5 year SEC Bar on any dealings concerning penny stocks. Thank goodness for the great people on the BIEL team and caring shareholders.
That red flag would have evaporated October 7th. Duhhhh.
Could have, should have been, "I'm a ghost, I've got this Shareholders!"
Instead, we get,
"Call me, this is what I'll tell you!"
"No one forced you to buy shares!"
"If you don't like it leave!"
"I absolutely ignore all naysayers!"
No question the BoD and absurd share structure can and should be fixed, common sense to do so, arrogant defiance not to. Same traits as Mr. No, 'I'll do it myself' - "No!" To CVS, Dr. Scholl's and KT Tape. He didn't do it himself - he did it TO himself, no succession, no plan, no deals, no nuthin and in the sp toilet for 13 years! Yup, 'I got this!
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