What happens if The Board of Directors are no longer prepared to accept their role and responsibilities to Shareholders ? It was made clear that The Board has made a decision to defer its responsibilities and obligations to Shareholders which was announced almost six months ago . There seems to be a lack of confidence in The Companies current management in particular Mr Munroe and there are question s regarding his contribution and whether he is committed to the ongoing position of The Company . Does this decision lie with the Shareholders who will be asked to vote on such an issue or will the administrators ultimately decide the composition of The Board and whether proper corporate standards and guidelines are being met ?
GMC Price at posting:
0.6¢ Sentiment: None Disclosure: Held
