InvestorsHub Logo
Followers 24
Posts 3815
Boards Moderated 0
Alias Born 12/11/2009

Re: None

Tuesday, 05/29/2012 3:54:38 PM

Tuesday, May 29, 2012 3:54:38 PM

Post# of 116986
Director's of Financially Solvent Companies owe a Duty of Care to the Corporation, and a Duty of Loyalty to the shareholders. End of story...

If there was something of value that, over the last 5 months, had been sold out from under the corporation, that breaches the Duty of Loyalty, as they prominently displayed self dealing. Self dealing is a killer in the court system...

A securities law firm would look to take on a case in the event that the real intrinsic value of the corporation was sold or given away, and not realized through improper transactions. I'm talking about high powered firms...

It likely would drag out for years...but make no mistake...self dealing is a FEDERAL CRIME, uncoverable by D&O insurance, and prosecutable by law...

Restitution therein lies the payments to stakeholders, but after everyone gets done chewing their fat off the bone, we're left with a bone.

WTF.

It's my money tree. It's watered with hours of painstaking study and constant learning. Occasionally, I'll give it a good shake, continue watering, and more will grow back.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PTIX News