Of course they are not going until voted out. They will also...

Of course they are not going until voted out. They will also employ many tactics to stay in............Michael would love another term on the board. He will be hoping Paul Morrells vote can carry him over but I AM NOT SO SURE OF THE VALIDITY OF MORRELL VOTING AS HE WOULD CERTAINLY BE DEEMED TO BE A RELATED PARTY OF SORTS and as such be excluded for voting to re-elect Michael

I am not fully conversant with how this works as Paul is not yet on the board but Michael did announce that he would become a board member. For someone to come out of the blue and drop 5 mill into a down-trending company and be told he would get a seat on the board, he surely must be seen as a related party hence making his vote ineligible and unlawful.

There are too many details that I still need to get my head around and not sure what regulators see as OK or NOT OK.

Best bet now is to remain positive and vote accordingly.

AIMHO