MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: CEO Termination, page-16

  1. 2,940 Posts.
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    as usual the rampers claim this is just to move into a new chapter for MNS....what utter BS IMO

    years of pulling >300k in salary (plus benefits etc) and you have to wonder what was actually achieved.....nachu is as 'shovel ready' as it was years ago, and the battery IP (if you can call it that given minimal sales to date) all belongs to C4V

    the key wording in the release was "terminated the employment of Dr Frank Houllis".....this is no amicable departure, and I'm sure there is usually a notice period on a CEO's contract (3-6 mths), but this is termination immediately.....normally this happens when someone has done something seriously wrong.

    friday afternoon announcement too.....usually in the hope the punters will forget by monday....sadly for all of us holders, I don't think anyone is going to forget this come 10am Monday morning

 
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