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Bullboard - Stock Discussion Forum i3 Interactive Inc C.BETS

Alternate Symbol(s):  BLITF

i3 Interactive Inc. is engaged in the business of providing customers with an online and mobile gaming platform, which provides sports fans worldwide with an engaging social gaming product, and sports betting and casino product offering. The Company operates in three geographical jurisdictions: India, Canada, and the United States. The Company operates through brands and platforms, including... see more

CSE:BETS - Post Discussion

i3 Interactive Inc > Chris Neville has resigned; soap opera is over
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Post by Dunworkin2 on May 12, 2021 10:07pm

Chris Neville has resigned; soap opera is over

Chris Neville would like to address shareholders following is resignation:

"Dear Interactive Gaming Technology shareholdersAs the former CEO and now past director of International Games Technologies, I want to issue my sincere apology to each of you for my inability to fix what I see are major issues inside of IGT and get the company back on track. My goal has been since day one for equality for all shareholders to exist within the company and I don't foresee this as an outcome right now. I have exhausted all options to get a fair deal for all shareholders on a go forward basis and have failed because of the unwillingness of the largest shareholder, current CEO and the board of directors to agree to what I see as fairness for all shareholders involved.When I was a director of the company I requested more than a dozen times for internal documents that were material in nature that had direct consequences for all shareholders only to have been refused to view any of these documents by the board and the company lawyer. I view this as a major breakdown in corporate governance as a director representing the interests of all shareholders and make it impossible for me to do my job as a director. As of May 12th, 2020 I have formally resigned from the board of IGT and will work with the regulatory authorities to make sure all shareholders are treated on a go forward basis in an equitable and fair manner. No inside group within the company should receive special treatment on any transactions on a go forward basis and I will make sure this does not occur for our shareholder base.Thanks and I will make sure the truth will eventually come out on all of those involved who are acting not with the fiduciary duty of our great shareholder base in mind."Chris Neville, MBAFormer CEO and Director IGT

SOURCE Chris Neville

View original content: https://www.newswire.ca/en/releases/archive/May2021/12/c4216.html

SOURCE: Chris Neville

Comment by resistnothing on May 13, 2021 1:57pm
Any idea when the halt will be over? 
Comment by Dunworkin2 on May 13, 2021 2:41pm
The new ceo needs to issue a news release first, so I dont think we see this trading again until next week, my guess. 
Comment by ragingcanadian1 on May 13, 2021 4:35pm
I'll reserve judgement on whether soap opera is over until regulators say so. Neville making some claims that they will either look at seriously or ignore as a whiny bi@tch who got shown the door. Will see. Resigning like a vanquished knight out to protect us looks better on resume than booted for incompetence. Something none of us on this board can determine that's for sure
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