Matt is still on the board until the shareholders vote on this new acquisition but his position on the board was more to do with the mandatory requirements of having 3 board members after Bulesco suddenly resigned again.
To which, and although he resigned for reasons to focus on his core business being Xcel Capital, I still suspect are the recipients in part to the latest placement and thus not having to submit a change of director interest notice ......
As for the deal, as hastily as it appeared, GPP are being proactive aren't they ? ?
All IMO only