Today I sent the Chairman of the Board, Rick Borenstein, the following email. I have done this because the major shareholder that promised to issue the sect249d and remove Dave, has so far failed to do so.
Rick, we have met at a previous Buddy event inSydney. I’m shocked that the board still support Dave. I am fed up of the lies I have been told and demand immediateaction from the board to remove Dave as CEO. He is staggeringly incapable andtotally out of his depth. He has failed time and time again. By supporting himyou are endorsing a person with no credibility, no ability and no hope ofgetting shareholders out of the hole he’s put us in. There is absolutely noacceptable reason for him to remain.
As Chairman of the board, you have a responsibility to make the necessary change to reverse this unacceptable situation. Failure to do so, is a failure on your part. I will contact the major shareholders if nothing is done.
Removal of CEO
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