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Global 8 Environmental Technologies Inc GBLE



GREY:GBLE - Post by User

Comment by Tiktackon Mar 26, 2010 3:49pm
112 Views
Post# 16929648

At least the new directors own stock?

At least the new directors own stock?Like I said yesterday...

Since, by definition, a director assumes a supervisory role inthe company, purchasing shares can constitute a violation of fiduciaryduty to the shareholders.

If a director purchases shares in thecompany, even legally, there is a supposition of conflict of interest andunfair dealing.

Why bring on new directors that already have a conflict of interest with shareholders? 

The saddest part is that you are actually touting this sticky little issue as a selling feature for the new board?

Go Team! Great Start!
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