Is that why the CEO resigned ?
Consider it, if it is worth spending atleast a few hundred thousand on defending yourself in court because whether it goes to trial or not calling a director BS is defamtory. Consider getting your post moderated. Consider whether it is worth the effort personally to be forking out thousdans only to settle out of court and be out a few hundred thousand.
There are plenty of cases like yours on the internet including a recent ISX vs aston from AFR. Conside it wise to hit pause for a bit. What you are doing is very dangerous.
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