I'm glad he retired. It was because of his health which I'm sorry about but he hasn't advanced the company in the past two years (at least not the TV side). If you know the history, Mak started Stanford with two other men but he bought them out after about a year. That made him own 57% of the company. The company transformed from the US to China and changed Bonus America to Sino Trade or Asia Global. Mak did good in getting that going. He made a mistake financing WWTBAM with common stock. Instead of trying to cover things up, he pulled the plug, admitted his mistake and assigned the future directon to someone else more experienced. I admire him for that.
Read the last pr carefully: Notice that he retained his position as director but only of "Sino Trade". He is staying where his expertise lies and leaving the TV to the others.
"Michael Mak will continue as a Director of Sino Trade-Intelligent Development Corp Ltd. ("Sino Trade"), a wholly-owned subsidiary of AAGH. Hin Lee Kwong will also continue to serve as a Director of Sino Trade and retain his responsibility for its overall strategy and administration.
AAGH and Mr. Mak have mutually agreed to cancel 150,000 shares of the Company's preferred stock currently held by Mr. Mak even though he will continue as a Director of Sino Trade."
Rocket Turtle rides again.
AI
