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Bullboard - Stock Discussion Forum Hub Cyber Security Ltd HUBC

NDAQ:HUBC - Post Discussion

Hub Cyber Security Ltd > Criminal ceo OUT Today!!! Let the Acquisitions Begin.
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Post by Loony on Aug 15, 2023 5:45pm

Criminal ceo OUT Today!!! Let the Acquisitions Begin.

During the course of the Internal Investigation, the Special Committee, together with its outside advisers, believed that it found sufficient evidence to support a determination that Mr. Eyal Moshe, the Company’s former Chief Executive Officer and President of U.S. operations and former Board member misappropriated a total of approximately NIS 2 million (approximately $582 thousand) for personal use. The employment of Eyal Moshe, was terminated effective July 24, 2023 for cause in connection with these determinations by the Special Committee. Additionally, Mr. Moshe resigned from the Company’s Board of Directors on August 15, 2023.
Comment by bluespruce on Aug 15, 2023 6:57pm
Good time to pick some up, looks like they are getting the ship righted!  After hours on Nasdaq likes it!  Someone bought 33k shares at .61
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