What you state is, of course, correct.
Except for the fact that it is the old board which rubber stamped the new management.
And, of course, I was alluding to Steipp being out of the picture altogether after the new board members are installed.
It doesn't jell that a DOER like LUGEE would hold on to a VIEWER like Steipp. There is no way that Lugee who gets things accomplished NOW would retain a MANANA mangler like Steipp.
No, to me, it is clear to me that, with all the pre-arranged golden parachutes, that it has been and continues to be that the manifest destiny of TEAM STEIPP is the final curtain call for the exit strategy. While I have no doubt that the purchase agreement and cross licensing proposals will happen, I also have no doubt that the unanimous approval for all of Team Steipp to remain on the board will never happen and LUGEE will read the proxy results accordingly and move in his active players not only onto the board but into management, and decisively so.
Chinese do not wait as long as American executives to implement managerial changes.
Believe me. When it comes to dollars, there is no room here for face saving...which is much more of a Japanese custom than Chinese.
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