Replies to post #10458 on RVUE Holdings Inc. (fka RVUE)

[xZx]

in robert w. roche's lawsuit against various parties who pushed him out of his NYSE-listed company, acorn international (nyse: ATV), one aspect of the complaint is he said they ignored opportunities to grow the company. my emphasis is in bold and underlined below:

The Company alleges that the Defendants breached their fiduciary duties and engaged in mismanagement of the Company’s business, including but not limited to wrongfully removing Mr. Robert W. Roche as the chief executive officer of the Company, exposing the Company to damages for breaches of contractual obligations, refusing to pursue valuable business opportunities and subjecting the Company to unnecessary severance costs resulting from the wrongful termination of certain Company employees. The relief sought by the Company in connection with the lawsuit consists of (i) initial monetary damage claims comprised of (x) US dollar denominated damages of approximately US$26,326,389.76, and (y) Renminbi denominated damages of approximately RMB 120,045,222 (equivalent to US$17,433,989.57utilizing a conversion rate of 0.1452 as of November 30, 2016)) (ii) costs and (iii) such further or other relief as the Cayman Court considers just.

http://www.acorninternationalir.com/home/press-release/acorn-files-lawsuit-certain-former-directors-alleged-wrongdoing/

RVUE's twitter page has been dead since 2015. i cannot find a single tweet from RVUE where they offer their services.

on Facebook, their page has been dead since 2014.

despite all this, roche saw value in RVUE as an investment. he said as much in the filings.

so i think robert w. roche will come to the aid of shareholders of RVUE and create value for all of us, not just himself.