MEB 12.5% 0.9¢ medibio limited

Ann: Medibio Releases Corporate Health Product, ilumen, page-8

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  1. 401 Posts.
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    Linemarker

    Your continued one eyed drivel reminds me of a Pies supporter the day after the Grand Final. Do you understand that no Board will remove a CEO lightly and I cant see how Phelps, Kennedy, Carlisle, Maxwell, and Prendergast and their advisors would let it happen without running a very thorough process. This was also made clear on the call that MEB had a day or two after Jack was removed with its Institutional and other large shareholders.

    On this call they assembled the entire Board, Phelps, Kennedy, Prendergast, and so on. Each Board Member in turn spoke to their continued commitment to Medibio and each one was also very careful to state that they fully supported the decision to remove Jack, indeed that they all felt they had no alternative other than remove him, and that the Board was united on this.

    Jack was driving the bus when we went from the 80's to 70% in the FDA study. Jack was also driving the bus as it charged towards the cliff that is a plus $1 million a month burn. It wasn't the Board or "Chris". IMO Chris and the rest of the Board is guilty of not moving more quickly on Jack and having far tighter financial controls in place but Jack not them put us here.
 
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