
Tuesday, March 04, 2025 10:28:04 PM
Number one. Balkin is a Independent Boarf of Director. Take a minute and educate yourself on what that means. He is not a officer of the company. He controls the company because he and the other Independent director own over 50 of the stock. Neither are officers neither draw a salary and neither are considered an employee of the company. They are Independent as defined. Neither will be the new CEO but since there are only 3 BOD if and when a new CEO is appointed those three will vote he or she in
Independent BOD:
- Avoid conflicts of interestIndependent directors can make objective decisions and avoid conflicts of interest.
- Provide outside perspectiveIndependent directors can bring new insights and balance to a company's decision-making.
- Ensure complianceIndependent directors can ensure a company operates within the law and its charter.
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