There is a case of Stockholm Syndrome. But think about it this way.
- No new CEO
- No new Non Executive Directors except one who was hand picked as a jobs for the boys.
- No new stratergy.
It's a ballsy move to vote yes to these guys and hope for change. If they can come up with the above in the next few weeks I may vote yes.
I can't emphasise enough what happened at FFX, the Exec and BoD wanted a payrise. Told us everything was on track. Holders said you have to pay the big dollars to get the right team, 6 months later the company was put into a halt with all manner of things now coming out of the woodwork about what they have done, meanwhile Michael Anderson walks away with over half a million dollars while holders are left with their funds in a halt for 18 months now.
Do not make the mistake that keeping these guys in place will make things better. A short term hit to the SP because we need to find a new BoD is better than the current scenario of these guys turning us into a vassal company for PLL. Not to mention fundies dont want to touch this while the current BoD is in place.
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There is a case of Stockholm Syndrome. But think about it this...
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