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Re: LateEntry post# 11904

Thursday, 12/29/2011 12:18:48 PM

Thursday, December 29, 2011 12:18:48 PM

Post# of 15015
IMO Vince will remain CEO if the Rathods want him
to be CEO. The August BOD shake-up is more or less just a
procedural issue. Rathods and Vellardita took
control of company based on majority share ownership.
The Manning faction claims there should have been a majority
member vote to make changes in Board composition.
Does not matter...Mannings can win the battle in court to
fire Vellardita retroactively but Rathods can reinstate him if they want.
Mostly sour grapes IMO.

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