SM1, page-498

Is this in response to the settlement?
I am not aware that there has been a settlement - despite Clements earlier stated confidence. Maybe its the frustration at a lack of settlement that is concerning the market.

I wouldn't be opposed to him going. After all he had a tough act to follow when Penno stepped away.
I would be instantly interested in buying back in on news that Clements is gone. (Where I can, I like to support local companies - but think SML is now just turning into an over-expensed, capital intensive commodity manufacturer). I don't buy the "tough act to follow" line - Penno left him with a very solid base along with a very rosy future supplying A2M. At worst he should have maintained SP / capital value. Ignoring a Cease and Desist falls directly on Clements shoulders as well as the recent purchases and over-extension of lending.

I wil give him some credit. Some expenses have been reigned in - not all milk tankers on the road are the new bright pink.

Just quickly @minimoke any thoughts on KTD?
Sorry, none at all. ATM, SML and other local milk companies are enough for me to watch