Corporate action, page-67

If you could give a poster a "Downvote" you would get mine in a heart beat.

The 4 reasons you mention of continuing with the status quo are quite irrelevant to this corporate action thread. 2 of the 4 (nos 2 and 3) were put in place by Dr MT. I, stand corrected, but i dont think the FDA ever got a mention before MT arrived. No 1 was the result of the science and independent trialling - nothing t do with the non-execs and point 4 is meaningless.

The issue at hand is the competence of the current non-executive old board members For your information non-executive directors are responsible for objectively looking at the plans framed by the executive team. They help with formulating and overseeing the corporate strategy by providing constructive criticism and a broader view of the external factors affecting the business.

The only tangible and recent evidence we have of the non exec team overseeing corporate strategy is through the "removal" of an experienced and knowledgable professional who was driving the commercialisation of MPL forward and creating value for all SH as well as developing an effective treatment for MND sufferers. There is no doubt MT is well versed in the way of the FDA and key stakeholders as well as identifying alternatives for sourcing financing. I suspect he was developing a number of funding options. He also rewarded all option holders when we thought management had sacrificed us for a quick cash raise. How short our memories are.

If you are happy to return to the "good 'ol days" so be-it but remember there is ample evidence of the good 'ol board's inactivity, cryptic messaging, missed timelines, changed plans without notification, minimal transparency, lack of interpersonnel skills (Richard, Colin, MT), failed dog deal, fire sale of Epichem (and promotion of the stupid bucket), AND a Chairman on the other side of the world in a different time zone who doesn't even chair meetings. Yes let's bring back the past but you be the judge.

For me get the broom out and sweep away the deadwood, the sooner the better.