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Post# of 403043
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Re: kfcyahoo post# 372294

Saturday, 08/28/2021 1:56:11 AM

Saturday, August 28, 2021 1:56:11 AM

Post# of 403043
Ehrlich was the CFO of the company when they axed George Evans, the CEO, in late 2010. At the time, the company had less than $5k in cash. Ehrlich then served as the interim CEO and CFO until he was appointed CEO sometime before February 2011 - presumably by the Board. The company paid Evans a million to settle his claims against the company. Under Leo, they also reversed a 1- 50 reverse split proposal that was in play.

It's interesting that old Leo was completely taken in by Menon back in 2010 and stated that Menon was the key to the company achieving its goals. And we all know what happened to Menon.


http://www.ipharminc.com/press-release/2016/11/18/cellceutix-announces-departure-of-george-w-evans-as-ceo
http://www.ipharminc.com/press-release/2016/11/18/cellceutix-announces-settlement-with-former-ceo
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