From memory, Blumenthal/Everblu only have about 6 months left as Funds Manager to CPH. And, imo, this has to do with a contractual arrangement.
As a respected Investment Banker previously, I'm sure that William Lay has a better option waiting in the wings - probably in Nth America.
Ann: CPH Secures Firm Commitments to Raise $2m, page-4
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