Thorston Heins Taken to Court Again It seems Thorston Heins will be taken to court again.
Similar charges as before. Lack of transparency on behalf of all Blackberry management.
It seems the allegations are as follows:
HE LIED TO US:
- he didn't tell us gross margins would incease to the level that they did (50%)
- he didn't tell us the real reasons production was ramped up
- he didn't tell us the bank balance would be so high
- he never said there was no debt
- he never told us the Z10 and Q10 would sell so well
- he projected a break even not a profit like they showed
- he said the subscriber base would drop by single digits - that means 9% not the .1% that happened
HE LIED TO US
Signed this 28th day of June 2013
The Shorts