So the board, whose incompetence allowed this and all previous events to happen, is now signing off on this deal, noting that they sit on an "audit committee?" They haven't had the skill sets to manage a CEO, much less , complex financial deals, What about the CFO who prepared the reports with the CEO?
Is the acting CEO involved in all this and previous fiascos making these decisions? Seems like setting it up for a take over
I believe an EGM should be called.
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