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Wednesday, May 01, 2024 7:36:07 PM
Board of Directors should never accept failure.
BSEG is a publicly traded company and management has a responsibility to shareholders - Big Screen Entertainment Group has been a failure. BSEG the stock has been a failure.
Management needs to resign, or Board must find someone else to entrust this public company to, because they have failed at every responsibility.
Another example is capital raise - management was raising capital? Since they have not announced anything, I can only assume that they failed at raising capital. That assumption is based on SEC and FINRA laws, which require a company to announce capital raise closing. Since they made no announcements that can only mean their capital raise efforts have been a failure.
How can a board of directors allow such inept people to remain in position.
Unfortunately failure seems to be acceptable with this company.
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