Yo ramblerrest:My good friend Ronnie Reagan once said: " Trust but Verify".
Yep, Renaud has a Fiduciary responsibility to act in the best interests of the Co.
In addition, all transactions involving expenditures of Company funds should be transparent.
Renaud asserted that he acquired the Royalties because the Company did not have the cash.
I, and others here want to know the details regarding the amount he paid.
To the extent that he paid a nominal amount to ontain his $4.8M royalty, we will take a dim view.
In this day ahnd age of Management misdeeds, why is it not prudent to pursue this?
Therefore, please be advised that we, the shareholders, are pursuing our rights and not "picking" on Renaud.
If he wants to put the details out there, all the better.
Sherm,