pete smith gone!, page-38

Agreed NEO, the CV of the next CEO should give us a clear clue as to where the Board sees this company going.

Someone based permanently in the States, with industry track record experience and existing relationships to US investors, should undoubtedly help a future capital raising in that market. I dont see any reason why we need an Australian based CEO if the US is where the future of the company lies and Fonda basically looking after itself.

The credentials of the proposed Board members of Audeo did look impressive. Perhaps discussions are already going on with people already familiar with the Company.

Its actually quite sad an aussie company needs to head offshore to attract the capital it needs to expand but that is the nature of the markets and we need to play along like everyone else.

I sincerely hope the Board has a strategic long game in mind.