re: what new management? John McNicolls and 3 other managers have already been appointed in January. These 4 managers must be costing CMQ an arm and a leg.
As to the appointment of the CEO & CFO, Mizuho will have veto power under the funding agreement. The funding agreement needs shareholders approval, so what announcement?
CMQ is already top-heavy with senior CMQ managers plus Mizuho appointed executives, a CEO & CFO will only add to the cash-burn rate.
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