Hi Bluesdog,
I watch CVI purely as a case study.
My major query atm is the increasing purchases of Fortitude now that a Fortitude director is on the board of CVI.
This imo is a conflict of interest when it comes to shareholders and CVI monetary actions where Fortitude is concerned.
Im 100% sure there is an ASIC/Corporations law for these types of transactions. Pre CVI board appt OK for these transactions BUT post CVI board appt - im sure its the corps act that has a particular precedent.
I'll try and remember/find it.
After seeing this today, shareholders should sack the Fortitude director and get the assets back into CVI UNTIL funding is in place. Might be difficult now since the stock has been diluted to the max.
Cheers,
The Sparkler
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