OTCPK:TOUBF - Post by User
Comment by
draxteron Nov 05, 2011 12:56pm
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Post# 19212444
RE: He only has Been there 11 Months
RE: He only has Been there 11 MonthsThe way the announcement was phrased, and the lack of words like 'for personal reasons' or 'to be with family' or 'to pursue other opportunities' means that he simply couldn't be a part of this company anymore, for whatever reason. But it was not personal/medical or TRE would be happy to point that out in the news release.
In corporate lingo, what they said translates to ' he told us to f-off and stormed out'.
If he at all felt that there was going to be a good outcome he would have hung around, or would have made a statement that he regrets having to leave at this time due to so and so. But the way this was announced, if you've ever been involved in Board business, this resignation was not pretty. The usual NDA will of course apply so we won't find out the true reason for a while.
That's me two cents worth.
Drax