Replies to post #311527 on Anavex Life Sciences Corp (AVXL)

[Investor2014]

Yes.

A Board Of Directors (BOD) meets once a quarter or more as circumstances demand.

A BOD member often serves on boards of several companies as advisors with strategic input to the company’s leadership and business affairs.

A board has the power to employ and dismiss a CEO.

They do not take part in every day operations and company projects.

[falconer66a]

Oops. Thank you. Still, she's important.

Ms. Ma is not an employee and, as such, is not an employee. She's on the BOD....

Yes, an error, presuming Ms. Ma was to be an actual Anavex employee, that she was to create and run new commercialization operations, etc. Apparently, not exactly so.

Ok, then, just why and how was she brought on to the Board of Directors? What did Anavex have in mind for her? And, what does she want to do for the company? Why would she sign on with this tiny, unknown start-up biotech? If it fails (as a few here contend will be the case), she loses. Looking at her career credentials, having been involved with so many different companies, apparently very successfully, I can only assume that she knows and sees things in Anavex's future for which she wants to be connected.

Any chance that she might have, under a non-disclosure agreement (NDA), been allowed to scrutinize internal blarcamesine data, which then prompted her decision to join the Anavex team? This move, collaboratively on the part of both Ms. Ma and Anavex, was not an incidental, chance event. Let's watch, to see what develops.