Replies to post #2795 on With Inc. (fka WWTH)

[stripus]

Selling off MEDL Mobile for a mere $100,000, which was the KEY asset of WWTH shareholders has to be criminal.
With it went the app library, patents and a profitable company.

THEN SELLING THE APP LIBRARY FOR 5 MILLION DOLLARS......WHAT ?????

That money would have paid the debt and kept the share structure and the stock price up. THIS WAS CRIMINAL.

[stripus]

Under Dodd Frank, shareholders could claw back damages from the last two years of a public company for malfeasance.
The WWTH Board of Directors is charged with the duty to protect the interests of shareholders.
All one has to do is look what management has done to shareholders during that time and see how mismanaged the company was.
We need to go after the assets of those people responsible for the destruction of WWTH.
A and D as well as members of the Board of Directors should be held personally responsible as you allude, they were looking after their own hide to save their jobs.
They could care less what happened to this carcass. I say we need a class action lawsuit.

“clawback authority,” = a legal mechanism to rescind compensation from employees whose performance is later judged to be based on false representations or “inaccurate performance metrics.”

ANY CONTINGENCY LAWYERS OUT THERE ?????
Something stinks to high heaven when the CEO says the share price should be $6 and it tanks to .0003 under their leadership