Marc has truly outdone himself.
Using a secret meeting to oust Bruce from the Board because Bruce wasn't able to secure his former employer Veolia as a partner and because Bruce didn't want to put any of his own money into the sinking Susglobal ship, probably not unless Marc was replaced.
Notice that the 10K states, "the Board had the impression that Mr. Rintoul would help facilitate a possible transaction", not that he guaranteed a Veolia partnership and who could guarantee that their former employer would absolutely come through with an investment anyway, especially when it's a huge company like Veolia.
Seems to me that this reliance on an "impression" of a "possible" transaction could open the company up to another lawsuit if Bruce wanted to join the parade of court cases.
Susglobal was languishing until Bruce came on board with the only true ray of promise in the last couple of years being the $138 million offtake agreement that Bruce undoubtedly played a huge part in securing. Marc was not even pursuing RNG until after Bruce showed up.
I suspect that Bruce wanted a change at the top and that's why he really got the boot.
I can't believe Marc found enough shares to back him and allow for the secret meeting given the sorry state of the company and just the fact that he felt like he had to do it in secrecy says a lot to me. This is another slap in the face to shareholders that have already been abused much, much more than enough.
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