"why would cash salaried director positions have to wait until they raise cash?" Oh, so JBI will be paying their directors a salary (I'm pretty sure they call it a fee...they aren't employees) in cash now? How did you know that? It's pretty strange timing for a policy change by a cash poor company.
Wesson and Bagai, who had to take shares for their services as independent directors, will probably be surprised to hear it. The company actually BORROWED cash from Wesson.
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