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Ann: Appointment of Voluntary Administrators, page-11

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  1. 9,899 Posts.
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    Miller would have to be the one of worst CEOs ever.
    How did they end up investing around $6mln in co-developing a chip without a signed commercial agreement. How does that happen?
    The only positive here is that Miller and the Board are stripped of all power. At least the administrators may have a chance to salvage something for shareholders.
    Under Miller and this Board there is no chance, suspended for over 5 months. Even in the announcement they are not being honest, its not a strategic review, they need a deal. .
 
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