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Re: Rawnoc post# 46904

Thursday, 06/03/2010 1:54:22 PM

Thursday, June 03, 2010 1:54:22 PM

Post# of 312102
P.S. BOD members are never considered independent nor is there any legal requirement that they be so. BOD members are sometimes referred to as inside or outside and the outside status may get confused with independence. They can't be independent if they can be held liable for the actions of the company.

The Devil is in the details.

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