Better not skip past the next milestone LordNigel, which may give an explanation of why the Board chose to tip.out $2.6 mil to a customer, to avoid a legal dispute. Half yearlies will also confirm the reasons for the Board notifying shareholders that the company would soon breach its loan covenants and become insolvent.
You will never get any explanation for the Board choosing to throw its shareholders under the bus and conceivably wipe out most of their investments. One thing is certain: it is consistent with the way Splitit has transacted with its shareholders all along.
They are very lucky to have your and all your compatriots to unquestionably defend them at every step of the way, although to call them disrespectful is nowhere nearly enough. IMO you should be very angry and you should show it.
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