Of course Ridge. My point is that at least Lew's interests are public and he has put a LOT of money on the line.
Most of the rest of the directors (who form the majority on the board) hold virtually no personal interest in the stock and appear to be trying to run the arguement that "Well, whatever is wrong is nothing to do with us!"
Its the "Piano Player in the Brothel" excuse.
I state again, if these directors are trying to claim that as a group of eight out of ten directors they did not control the direction of the board then the company needs eight new directors.
And Stan Wallis cannot even claim that his personal involvement with distressed companies is unique to CML. The only problem is that Lew isn't on the other company boards. Wallis is.
CML Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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