The new Chairman and CEO seems to be mouthing the same old BS, trust us, there were major problems, we are now on top of them etc, etc, blah, blah, blah.
It just strikes me that as SH we have heard all this before but nothing changes. Where are the Board resignations, where are at a minimum the cut on board fees for this pathetic performance and business as usual justification.
Anyway I see a law firm looking to start a potential class action on the basis of a failure by the board to comply with continuous disclosure requirements. If they do, I for one will be signing up!!
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