RE: Letter from shareholders20 Feb 2020 19:04
You blame the BoD shambles on no Chairman - really!
You monitor me all you wish, comment as you feel
appropriate, but this debacle lays fairly & squarely on the CEO & COO imo
What we should be concentrating on now, is what are they going to propose to do about it?
If acceptable, then great, but if not acceptable, and remember there are currently around 1.55 bil shares that can vote on the next set of resolutions, if that is the way it goes? So it could go either way!
We have stated our suggestions palatable or not, once the BoD state theirs then we can go from there!
But dont keep placing the neg on us, when it is the BoD whose decisions promises actions have put us here at 1/7 penny
And instead of offering to share the responsibility & pain of the shareholders, they simply demand more cash & more freedom!
If thats your preferred choice, good luck to you! But it is not how we see it!