RE:RE:RE:GRE June Presentation Governance CommentsI saved the presentation from the website.
It appears to me that the slide strongly supports the claims in the Class Action lawsuit. After the bad news hit, the Directors are claiming that everything was beyond their control and it's all Guan's fault. But in June the Directors were claiming to be exercising operational supervision and control.
Obviously the Directors were deceived by Guan, but the Directors also deceived the public shareholders by overstating their role in the company.