Just misunderstanding, I dont think there is anything we are disagreeing about.
As far as Singer is concered his service as Director are the same as any other director, hence I do not understand what you are saying- he either serves as a director and performs as a director or he doesnt. I have no way of knowing whether he is doing that job well or ot ( though I would hazard a guess the CFO not filing the 8k in relation to the March 6 events may be an indication board ot exercising oversight). In any case I assuem you are well aware of what a director function is. The second issue is whether his compensation reasonable. I admit I dont quite understand the Form 4, it cant be that he is getting 5 million shares at a price of $.03. Eeven discounting for restricted stock that would be far more than I would expect for a company with this market cap for director services.
As far as what key errors or key thoughts you have what management could have done differently since the reverse that doesnt require a thesis but a simple answer.What would you recommend had been differently since reverse split ?
You do have a point that if CFO has been there since 2008, that crtainly enough time to judge whether he is experienced and competent enough to state company objectives and determine if he met those objectives.While there are always some reasons for people not meeting onbjectives, cant go on forever. However since CFO has placed himself a second lien on the mill, and somehow convinced independent directors to let him having voting control, seems shareholders have no ability anyway to do much.
No I cant come up with Norman's contributions, yet doesnt mean werent made.
However many people have hope things will turn out, and many people believe in the story and that it will be executed well regardless of the past.
I admit the lack of a filing the 8k on the March 6 transaction has made me seriously question this strategy of silence by the CFO. No way they shouldnt have filed that 8k in my opinion.
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