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cspro

952 Posts.

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05/11/17

01:09

Post #: 28507131
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Originally posted by mediplast3 ↑

Mr CSPRO hi, and your thinking is incorrect as the ownership of the shares held in escrow do not transfer over until such time as certain milestones are met. Think about it, how do you vote with something that you may not have.

Regardless i think the crux of the issue is that in the main the vendors have under performed, the board have not been able to take corrective action whether this is a result of them being fustrated by the vendors and or board members the result is clear and that is we need to change the board , who can evaluate were we are, were we going and how we going to get there.. they also need to manage the leaders of the individual businesses and if they dont perform we replace...... so in short remove and replace.

In response to your question happy to replace the full board with operators that can execute a plan and road map that will create and or formulate a strategy to maximize some shareholders value.

One thing i know that if it doesnt sound right it cannot be right and there are some major question marks over the leadership of this company. We need people that make professional decisions and do not allow there personal feelings or relationships with others to over ride those professional decisions . I have been involved in many turn arounds and fairly hefty businesses and what is required is a strong chairman and CEO who can not only drive value but have some entrepeurial flare and reach within this industry.

Look forward to the EGM and if we dont have a board change i will sell all my shares and walk away.

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Missed your message as I didn't spot the new thread. Anyway I'm pleased to see we're moving on from this mess now with the new board just announced. But they are going to have to get results quick smart.

4WD Price at posting: 33.5¢ Sentiment: None Disclosure: Held
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