They keep saying deals and advanced negotiations ... one would think after the arbitration debarkle they wouldn't be sprouting these claims if they were not close ? GLTAH
Dr Murdoch will remain on the Board and alongside the new Executive Management Team, continue to facilitate a number of deals in discussion across the three businesses. The Board has agreed to the early release from his six month notice period, in exchange for releasing Phosphagenics from paying any outstanding contractual entitlements.
“Ross is leaving his executive role at Phosphagenics to enable him to pursue a new, undisclosed executive opportunity. In good will, and reflective of his belief in the company and its growth prospects, he will remain on the Board and work closely with the Executive Management Team to facilitate and finalise a number of advanced discussions and business development deals currently underway.”
POH Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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GLTAH
(20min delay)