Should Richard Resign?, page-23

Hi Ryzie....as an outsider looking in I agree with much of what you say.
Yesterdays ann shows the mentality of the company and is somewhat disturbing.
However it is just more confirmation that the CEO has to go.
It basically comes down to whats best for the company and SHers going forward and I would think based on the CEO's past record(both corporate and criminal) and now the fact that he has guided the company to a position of being suspended due to poor governance and questionable finance reporting surely it is better for all SHers for him to resign.
It's all about credibility and whats best for SHers going forward but given the make up and mentality of the board the chances of him going are remote.
IMHO SHers will suffer from the CEO remaining in his position if for no other reasons than credibility based on passed and current performance.