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8,725 Posts.
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19/06/10
13:32
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Very good work Kens!
Maybe not conclusive - but close. Certainly shows that kerins and levine had a major potential conflict of interest.
Begs the question of what governance procedures were in place to protect shareholder interests?
Doubt there were any. The board just was not interested enough - struggling to do the basics like getting the quarterly reports out.
Appears that Kerins and co just played with Hallam and King - to our cost.
Explains for me the non-progression of oraline 8. It was in Kerin's interest to sit on his hands until the company ran out of funds.
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