So let me get this straight (and this is a hypothetical situation so please try to keep up) - if a Canadian citizen stole your identity and absconded with half of all your assets, including your offshore accounts in the Virgin Islands, you would be perfectly fine with not doing anything because some of your assets were in a foreign country and the thief was a Canadian citizen. You would be ok with just sucking up the theft of half your assets and hope that you recoup your losses through good business practices and decisions? I'm trying to wrap my mind around your logic here. It seems to me that if MDMN can recoup the massive losses they have incurred because Les stole their assets, at the very least, they break even and at best, they recoup much of the ill gotten gains and shareholders are made partially whole. Seems like a good investment especially since this case appears to be fairly open and shut.
HR is spot on in his analysis. He isn't being irrational and certainly not prone to outbursts of anger. MDMN doesn't have much left at this point and to give up even more by just accepting that Les stole half the company is the definition of irrational and frankly, cause to fire the entire board of directors. Shareholder, who have been screwed left, right and nine ways to Sunday, deserve some justice and if that is going to cost a bit of money, then so be it. At the very least, they are entitled to let their voice be heard and vote on a resolution to either go ahead with the investigation or let it die.
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