Thursday, February 01, 2024 1:42:11 PM
Occam’s Razor tells us they resigned because they are terrified of their liability as Directors of this sorry mess. Although they won’t avoid the consequences of the Cummings lawsuit and the extraordinary transfer of $4 million of shareholders’ money to an offshore private company, they won’t be around for any future shenanigans of that nature.
As loanranger says, I hope their D&O insurance is up to date and comprehensive.
Recent IPIX News
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