People don't want to acknowledge the truth here in order to preserve their investment. Sure, everyone is thinking what you are saying; the CEO lied, she bailed, resigned, did nothing for the company. However, when that is conversed on the board, it's not good for attracting new money.
The fact is the so called merger CEO resigned. Logic would tell us there would no longer be a merger without her, that would be correct. Some of us knew there would never be a merger with her as well because of her well documented history of failure.
There is nothing good about a CEO resigning and especially when the company is taken over by an alias with zero online presence. Not being able to find a law firm by name on the internet is also a huge red flag, about as big as you can get.
There's a huge scramble to find something positive here, as next week it will be the end of week two under the leadership of this new person with not so much as a peep about business plan or direction from this faceless name. At least a phone number, email address or company website would be nice to see.
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