With current management clearly having failed to raise cash from the open market, surely they can no longer be entrusted to operate the company going forward. The board need to act immediately and replace them. Otherwise, there's a real risk they will just use up the last of the cash reserves for their own salaries before going bust. VRX can't afford to have Cinnebon & co at the helm.
All IMHO, DYOR
Ann: Results of Entitlement Offer, page-62
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