Monday, December 19, 2022 5:33:11 AM
The current management team consisting of the CEO and CFO are doing their jobs. They have a minor ownership position but at the end of the day they operate the business and have successfully gone after the majority owners through the court system.
The court system took a long time and now a receiver has to be appointed to collect said funds that the current management team won in their legal fight against the group of majority shareholders of RLBY.
A class action can not be filed against the majority owners of RLBY. Possible criminal charges can be filed but that does not mean anything for RLBY or its shareholders.
You can not throw around words like class action and think it has any legitimate place against RLBY.
I think people just have to understand the current management team got involved with a company that they didn't know how to operate as a public company.
Recent RLBY News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 09:13:49 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:20:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 09:30:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:56:37 PM
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