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Re: StickyStock post# 2700

Sunday, 04/15/2012 6:41:18 PM

Sunday, April 15, 2012 6:41:18 PM

Post# of 3734
Did KADR have a CEO in place at that 2008 refi?

Answer: Yes

According to the updated IBox and the link contained therein, there is currently no CEO at Arcadia Resources Inc:

"Marvin R. Richardson, President & CEO and a director of Arcadia Resources, Inc. (the “Company”), resigned as President & CEO and a director of the Company effective March 16, 2012 to accept employment with Medication Adherence Solutions, LLC (“MAS”)."
http://www.sec.gov/Archives/edgar/data/1071941/000114036112016563/form8k.htm

Would the lack of a CEO make a difference to Comerica in so far as refinancing the debt is concerned? Richardson knew the debt was coming due April 1, 2012 but he decided to resign two weeks prior to 4/1/2012, so why didn't he stay along for the ride?
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