Post by
Tcheck on Aug 28, 2020 4:52pm
obviously the board of directors was proven inadequate
and as such couldn`t take decisions as to the future of the company .
with their history they shouldn ` t make any decent decisions about the fate of nmx` s assets.
they would act in conflict of interest if one of their members would on top of everything benefit unduly from one of their decisions.that member would be contolling the board and be ecercising undue influence and political oressure to get their own bid approved .
the owners bof this company being not protected by their own board should be represented by an independent objective interim counsel ,
which could be the ccaa judge so as to receive their legitimate part of the company.
the assets should be liquidated and sold and the proceeds shared under the owners because of this lack of a legitimate board to run things properly .
.they shouldn t be allowed to take any more decisions in the name of the company .
a vote could be enough to demonstrate that they don t enjoy the confidence of the shareholders ,that they don t act in the name of the shareholders and this would demonstrate they are de facto disqualified to sell the company ,
we need a vote of no confidence to be organised .
management and the board have been dismal so far ,so they can t be expected to be trusted with such important matter as a mandate to secure the dissolution of the company ..
their incompetence is and was obvious( maybe fraudulent ) and they should collectively have resigned after the ceo was found deficient and stepped down .
ahahah
any lawyer in the house ? an expert in corporate governance issues ?
:)
shareholders who didnt register in ran should do so now .