Howard, hate to say it, but that seems like a conflict
of interest. For Bendall to privately buy a technology,
with the intent of selling it to the company he runs (the option)
seems like a way to line his pocket with company money
before the technology is proven. Add to that, ZERO transparency
about the technology he wants to sell to his own company,
and you have a huge conflict of interest. You think he is
doing the company a favor? Only if he takes no money on the
transfer, but shares the risk until it is profitable.
As they say, it's clearly logical that he do it that way.
Otherwise he opens himself up to a huge stockholder class action
lawsuit and possible criminal charges for using company money for
his own personal gain.
Puravida19
PuraVida19
"There are no limits.
There are only plateaus,
and you must not stay there,
you must go beyond them."
~~ Bruce Lee
