Hi there - Here is your answer :- depends who you appoint -...

Hi there - Here is your answer :
- depends who you appoint
- depends whether they are independent
- depends if they are financial or operational
- depends On their remuneration / incentive structure
- depends if they can place a letter head on a report transferred from operations and send it to shareholders

The only definitive is the share price and factors associated with it's recent termed movements in value. My suggestion is to give them 12 months to turn a dollar - if not turf the lot of them and start a fresh.

Best case - existing board takes a pay cut - secretarial services outsourced to a company that the ceo does not own a stake in. That really grinds my bones that stuff, particularly in situations like this.

Dyor