The results were amazing to say the least.
Why on earth would the shareholders vote out the one director with an ALIGNED INTEREST?
Why not vote out the other directors as well?
Having Larry in there gave me confidence that each decision made by the board would pass the shareholder pain test. (And yes I do realise that others hold shares, but they are immaterial in their size)He's also the only CPA on the board so was the last line of defence around financial management AND financial management is critical to the success of a cash burn company (ie with no revenues).
There really must have been a compelling reason for this and I would really love someone to articulate LOGICALLY why this is good for the shareholders.
And, please, leave the emotional hyperbolae out of this debate.
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